Short Interest in Gauzy Ltd. (NASDAQ:GAUZ) Grows By 51.2%

Gauzy Ltd. (NASDAQ:GAUZ) was the recipient of a large growth in short interest during 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 company’s stock are short sold. Based on an average daily trading volume, of 158,692 shares, the short-interest ratio is currently 0.2 days.

Gauzy Stock Down 1.7%

Shares of NASDAQ GAUZ opened at $0.36 on Wednesday. The business has a 50-day moving average price of $0.44 and a 200 day moving average price of $0.60. The stock has a market cap of $6.80 million, a PE ratio of -0.18 and a beta of -0.46. Gauzy has a 52-week low of $0.23 and a 52-week high of $7.08.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated 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, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Gauzy

A number of hedge funds have recently modified their holdings of the business. Bank of America Corp DE purchased a new position in Gauzy during the 2nd quarter worth $174,000. Jane Street Group LLC purchased a new stake in shares of Gauzy in the fourth quarter valued at about $34,000. HRT Financial LP acquired a new stake in shares of Gauzy during the fourth quarter worth about $39,000. Finally, Virtu Financial LLC acquired a new stake in shares of Gauzy during the fourth quarter worth about $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.