Gauzy Ltd. (NASDAQ:GAUZ) Sees Large Increase in Short Interest

Gauzy Ltd. (NASDAQ:GAUZ) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 29,356 shares, a growth of 51.2% from the July 15th total of 19,417 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 158,692 shares, the days-to-cover ratio is presently 0.2 days.

Gauzy Price Performance

NASDAQ GAUZ traded down $0.01 on Tuesday, hitting $0.37. 188,631 shares of the company’s stock were exchanged, compared to its average volume of 1,768,529. The firm’s 50-day moving average price is $0.44 and its two-hundred day moving average price is $0.60. Gauzy has a fifty-two week low of $0.23 and a fifty-two week high of $7.08. The firm has a market cap of $6.99 million, a price-to-earnings ratio of -0.18 and a beta of -0.47.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC acquired a new stake in Gauzy in the fourth quarter valued at $34,000. Bank of America Corp DE purchased a new stake in shares of Gauzy during the 2nd quarter worth $174,000. Virtu Financial LLC acquired a new position in shares of Gauzy during the 4th quarter worth $80,000. Finally, HRT Financial LP acquired a new position in shares of Gauzy during the 4th quarter worth $39,000.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Gauzy in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

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.