Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) Sees Large Increase in Short Interest

Key Points

• Dragonfly Energy Holdings Corp. experienced a significant increase in short interest by 292.3%, reaching 12,750,000 shares by September 30th.
• The company's stock price rose by 2.3% to $1.36, with an average daily volume of 44,050,000 shares, reflecting high trading activity.
• Analysts have mixed ratings on Dragonfly Energy, with a consensus rating of "Moderate Buy" and a target price of $1.50 per share.

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI - Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 12,750,000 shares, an increase of 292.3% from the September 15th total of 3,250,000 shares. Based on an average daily volume of 44,050,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 16.0% of the shares of the company are sold short. Approximately 16.0% of the shares of the company are sold short. Based on an average daily volume of 44,050,000 shares, the days-to-cover ratio is currently 0.3 days.

Dragonfly Energy Stock Up 2.3%

NASDAQ:DFLI traded up $0.03 during trading hours on Friday, reaching $1.36. The company had a trading volume of 36,562,442 shares, compared to its average volume of 87,635,432. The firm has a market capitalization of $84.06 million, a PE ratio of -0.35 and a beta of -0.36. The stock has a 50-day moving average of $0.59 and a two-hundred day moving average of $0.46. Dragonfly Energy has a one year low of $0.15 and a one year high of $5.61.

Dragonfly Energy (NASDAQ:DFLI - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.58) EPS for the quarter, topping analysts' consensus estimates of ($1.29) by $0.71. The business had revenue of $16.25 million during the quarter, compared to analyst estimates of $14.68 million. Dragonfly Energy has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Dragonfly Energy will post -6.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DFLI. Chardan Capital upgraded Dragonfly Energy to a "strong-buy" rating in a report on Tuesday, October 7th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Dragonfly Energy in a research report on Tuesday. Finally, Wall Street Zen upgraded Dragonfly Energy to a "hold" rating in a research report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Dragonfly Energy has a consensus rating of "Moderate Buy" and a consensus target price of $1.50.

Hedge Funds Weigh In On Dragonfly Energy

An institutional investor recently raised its position in Dragonfly Energy stock. KFG Wealth Management LLC increased its position in shares of Dragonfly Energy Holdings Corp. (NASDAQ:DFLI - Free Report) by 85.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 184,124 shares of the company's stock after acquiring an additional 84,798 shares during the quarter. KFG Wealth Management LLC owned about 0.30% of Dragonfly Energy worth $110,000 at the end of the most recent quarter. 8.19% of the stock is owned by institutional investors.

Dragonfly Energy Company Profile

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others.

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