Gauzy Ltd. (NASDAQ:GAUZ) Sees Significant Drop in Short Interest

Gauzy Ltd. (NASDAQ:GAUZ) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 6,842 shares, a drop of 83.2% from the September 15th total of 40,628 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 27,663 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Gauzy in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Gauzy Price Performance

NASDAQ GAUZ traded down $0.19 on Monday, reaching $4.51. The stock had a trading volume of 4,097 shares, compared to its average volume of 19,594. Gauzy has a 12-month low of $4.50 and a 12-month high of $141.60. The business’s 50-day moving average price is $7.01 and its 200 day moving average price is $10.16.

About Gauzy

Gauzy Ltd. is a materials science and technology company that develops light-control solutions for glass and other transparent surfaces. Its products use liquid crystal (LC) and suspended particle device (SPD) technologies to electronically adjust the transparency, shading and glare of windows and displays.

The company supplies smart-glass materials, films, laminates, controllers and related systems for automotive, architectural, aerospace and other specialty applications. These solutions are designed for use in vehicle sunroofs and windows, aircraft interiors, building façades, office partitions, privacy glass and other environments where dynamic light and heat management is beneficial.

Gauzy was founded in Israel and serves customers through operations and partnerships in multiple international markets.