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

Gauzy Ltd. (NASDAQ:GAUZ) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 265,961 shares, an increase of 23.2% from the December 15th total of 215,845 shares. Currently, 1.4% of the company’s shares are short sold. Based on an average daily volume of 612,461 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 612,461 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Gauzy in the 2nd quarter valued at approximately $95,000. Prospera Financial Services Inc bought a new position in Gauzy during the third quarter worth $103,000. Clarkston Capital Partners LLC acquired a new position in Gauzy in the second quarter worth $106,000. Kingsview Wealth Management LLC increased its stake in Gauzy by 42.5% during the second quarter. Kingsview Wealth Management LLC now owns 14,565 shares of the company’s stock valued at $123,000 after purchasing an additional 4,345 shares during the last quarter. Finally, Connors Investor Services Inc. increased its stake in Gauzy by 45.5% during the second quarter. Connors Investor Services Inc. now owns 16,000 shares of the company’s stock valued at $135,000 after purchasing an additional 5,000 shares during the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Gauzy in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $11.00.

Gauzy Stock Performance

Gauzy stock opened at $0.90 on Monday. Gauzy has a 12-month low of $0.86 and a 12-month high of $13.00. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.66 and a quick ratio of 0.41. The company has a market capitalization of $17.15 million, a price-to-earnings ratio of -0.44 and a beta of 0.20. The firm’s fifty day moving average price is $1.70 and its 200 day moving average price is $4.58.

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.