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

Gauzy Ltd. (NASDAQ:GAUZ) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 19,417 shares, a drop of 66.7% from the June 30th total of 58,253 shares. Based on an average trading volume of 113,658 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reissued 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 Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $10.00.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Jane Street Group LLC bought a new position in Gauzy during the fourth quarter worth $34,000. HRT Financial LP bought a new stake in Gauzy in the fourth quarter valued at $39,000. Virtu Financial LLC bought a new stake in Gauzy in the fourth quarter valued at $80,000. Finally, Bank of America Corp DE acquired a new position in shares of Gauzy during the second quarter valued at about $174,000.

Gauzy Stock Performance

Gauzy stock opened at $0.31 on Friday. The stock has a market capitalization of $5.81 million, a price-to-earnings ratio of -0.15 and a beta of -0.64. Gauzy has a 52-week low of $0.30 and a 52-week high of $7.47. The stock’s 50 day moving average price is $0.54 and its two-hundred day moving average price is $0.68.

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.