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

Gauzy Ltd. (NASDAQ:GAUZ) was the target of a large drop in short interest in 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. Based on an average daily volume of 27,663 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.6% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

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

Gauzy Trading Down 1.1%

Shares of NASDAQ GAUZ opened at $4.70 on Friday. Gauzy has a one year low of $4.50 and a one year high of $141.60. The business has a 50-day moving average price of $7.03 and a two-hundred day moving average price of $10.24. The firm has a market capitalization of $5.35 million, a PE ratio of -0.11 and a beta of -0.17.

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.