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

Gauzy Ltd. (NASDAQ:GAUZ) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 121,943 shares, a drop of 35.5% from the April 15th total of 189,172 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 40,555 shares, the short-interest ratio is presently 3.0 days.

Gauzy Stock Performance

Gauzy stock opened at $0.78 on Wednesday. The firm’s 50-day moving average is $0.69 and its 200-day moving average is $1.29. Gauzy has a 1 year low of $0.37 and a 1 year high of $9.60. The company has a market cap of $14.61 million, a P/E ratio of -0.38 and a beta of -1.04.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Gauzy in a report on Tuesday, April 21st. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $10.00.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GAUZ. Jane Street Group LLC bought a new position in shares of Gauzy in the 4th quarter worth about $34,000. HRT Financial LP bought a new position in shares of Gauzy in the 4th quarter worth about $39,000. Virtu Financial LLC bought a new position in shares of Gauzy in the 4th quarter worth about $80,000. Prospera Financial Services Inc bought a new position in shares of Gauzy in the 3rd quarter worth about $103,000. Finally, Kingsview Wealth Management LLC lifted its position in shares of Gauzy by 39.1% in the 3rd quarter. Kingsview Wealth Management LLC now owns 20,265 shares of the company’s stock worth $128,000 after buying an additional 5,700 shares during the last quarter.

Gauzy Company Profile

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.