Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) Stock Short Interest Drops 90.3%

Posted by Brenda Bartman on Oct 27th, 2026

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 129,629 shares, a drop of 90.3% from the September 30th total of 1,334,482 shares. Based on an average trading volume of 78,751 shares, the days-to-cover ratio is presently 1.6 days. Currently, 7.1% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Zacks Research raised shares of Dragonfly Energy from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. Roth Capital set a $24.00 price objective on Dragonfly Energy in a research note on Friday, August 7th. Wall Street Zen raised Dragonfly Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, August 16th. Finally, Weiss Ratings downgraded Dragonfly Energy from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, October 21st. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dragonfly Energy has a consensus rating of “Hold” and a consensus target price of $25.00.

View Our Latest Analysis on DFLI

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Dragonfly Energy stock. Cygnus Capital Advisors LLC lifted its stake in Dragonfly Energy Holdings Corp. (NASDAQ:DFLI – Free Report) by 130.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 62,593 shares of the company’s stock after purchasing an additional 35,442 shares during the quarter. Cygnus Capital Advisors LLC owned about 0.42% of Dragonfly Energy worth $123,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 8.19% of the company’s stock.

Dragonfly Energy Price Performance

Shares of Dragonfly Energy stock traded up $0.03 during trading hours on Tuesday, reaching $2.32. 29,719 shares of the company’s stock were exchanged, compared to its average volume of 55,090. Dragonfly Energy has a 1 year low of $2.17 and a 1 year high of $100.80. The company has a market capitalization of $4.34 million, a P/E ratio of -0.02 and a beta of 0.30. The business has a fifty day moving average of $6.58 and a two-hundred day moving average of $14.91. The company has a quick ratio of 0.97, a current ratio of 2.34 and a debt-to-equity ratio of 2.53.

Dragonfly Energy (NASDAQ:DFLI – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($3.44) earnings per share for the quarter, missing the consensus estimate of ($2.72) by ($0.72). The firm had revenue of $13.16 million for the quarter, compared to analysts’ expectations of $13.18 million. As a group, research analysts predict that Dragonfly Energy will post -13.36 earnings per share for the current fiscal year.

Dragonfly Energy Company Profile

(Get Free Report)

Dragonfly Energy Holdings Corp. develops and manufactures lithium-ion battery systems and energy-storage technologies. Through its Battle Born Batteries brand, the company offers batteries and related power solutions designed for recreational vehicles, marine applications, off-grid systems, and other mobile and stationary energy-storage uses.

The company is also developing solid-state battery technology based on a dry powder coating manufacturing process. Dragonfly Energy’s technology is intended to support the production of safer, more efficient, and scalable energy-storage systems while reducing reliance on conventional liquid electrolyte designs.

Founded in 2012 and headquartered in Reno, Nevada, Dragonfly Energy serves customers in the United States and other markets through its battery products and energy-storage solutions.