Gauzy Ltd. (NASDAQ:GAUZ) Short Interest Update

Gauzy Ltd. (NASDAQ:GAUZ) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 19,417 shares, a drop of 66.7% from the June 30th total of 58,253 shares. Based on an average trading volume of 113,658 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Gauzy

Several hedge funds and other institutional investors have recently modified their holdings of the business. Virtu Financial LLC acquired a new position in Gauzy during the fourth quarter worth about $80,000. Jane Street Group LLC purchased a new position in Gauzy in the 4th quarter worth approximately $34,000. HRT Financial LP purchased a new position in Gauzy in the 4th quarter worth approximately $39,000. Finally, Bank of America Corp DE acquired a new position in shares of Gauzy during the 2nd quarter worth approximately $174,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Gauzy in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Gauzy presently has an average rating of “Hold” and a consensus price target of $10.00.

Gauzy Price Performance

NASDAQ GAUZ traded down $0.00 during mid-day trading on Tuesday, hitting $0.32. The stock had a trading volume of 4,319 shares, compared to its average volume of 230,134. The firm’s 50 day moving average is $0.53 and its 200 day moving average is $0.68. Gauzy has a twelve month low of $0.30 and a twelve month high of $7.45. The stock has a market capitalization of $6.02 million, a price-to-earnings ratio of -0.16 and a beta of -0.64.

Gauzy Company Profile

Gauzy Ltd. is a technology company specializing in smart glass and light-control solutions based on Suspended Particle Device (SPD) technology. The company develops and manufactures switchable glass and film products that can dynamically modulate light transmission, offering privacy, glare reduction and energy-saving benefits for a range of end markets.

Gauzy’s product portfolio includes SPD-Smart™ glass panels, retrofit SPD film and integrated skylight systems. These solutions are designed for architectural applications such as office partitions, conference rooms and façades, as well as for transportation markets including automotive, aviation and rail interiors.