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

Gauzy Ltd. (NASDAQ:GAUZ) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 495,134 shares, an increase of 63.8% from the January 15th total of 302,209 shares. Currently, 2.6% of the company’s stock are short sold. Based on an average daily volume of 421,228 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 421,228 shares, the days-to-cover ratio is presently 1.2 days. Currently, 2.6% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Gauzy in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $11.00.

Gauzy Stock Performance

Shares of NASDAQ:GAUZ traded up $0.01 during trading on Friday, hitting $0.75. 77,318 shares of the company were exchanged, compared to its average volume of 266,651. Gauzy has a 52-week low of $0.73 and a 52-week high of $12.13. The stock has a 50 day moving average of $1.07 and a 200 day moving average of $3.77. The company has a current ratio of 0.66, a quick ratio of 0.41 and a debt-to-equity ratio of 1.97.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. HRT Financial LP purchased a new stake in shares of Gauzy in the fourth quarter worth $39,000. Jane Street Group LLC bought a new position in Gauzy in the 4th quarter worth about $34,000. Bank of America Corp DE purchased a new stake in shares of Gauzy in the 2nd quarter valued at about $174,000. Kingsview Wealth Management LLC boosted its position in shares of Gauzy by 39.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 20,265 shares of the company’s stock valued at $128,000 after acquiring an additional 5,700 shares during the last quarter. Finally, Prospera Financial Services Inc purchased a new position in shares of Gauzy during the third quarter worth about $103,000.

About Gauzy

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.