Gauzy Ltd. (NASDAQ:GAUZ) Short Interest Update

Gauzy Ltd. (NASDAQ:GAUZ) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,507,058 shares, an increase of 5,033.7% from the July 30th total of 29,356 shares. Currently, 6.6% of the company’s shares are sold short. Based on an average trading volume of 24,359,985 shares, the days-to-cover ratio is currently 0.1 days.

Gauzy Stock Up 1.9%

Shares of Gauzy stock traded up $0.01 on Tuesday, hitting $0.43. The stock had a trading volume of 385,404 shares, compared to its average volume of 2,005,495. Gauzy has a one year low of $0.23 and a one year high of $7.08. The stock’s 50-day simple moving average is $0.42 and its two-hundred day simple moving average is $0.58. The stock has a market cap of $9.87 million, a price-to-earnings ratio of -0.21 and a beta of -0.46.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Gauzy in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Hedge Funds Weigh In On Gauzy

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

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.