Gauzy Ltd. (NASDAQ:GAUZ) Short Interest Down 66.7% in July

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

Hedge Funds Weigh In On Gauzy

A number of hedge funds and other institutional investors have recently made changes to their positions in GAUZ. Virtu Financial LLC bought a new stake in shares of Gauzy in the 4th quarter valued at $80,000. HRT Financial LP acquired a new stake in shares of Gauzy during the fourth quarter worth $39,000. Jane Street Group LLC bought a new position in Gauzy during the fourth quarter worth $34,000. Finally, Bank of America Corp DE bought a new position in Gauzy during the second quarter worth $174,000.

Gauzy Trading Down 10.8%

Shares of GAUZ opened at $0.31 on Friday. The stock’s 50-day moving average price is $0.54 and its two-hundred day moving average price is $0.68. Gauzy has a 12 month low of $0.30 and a 12 month high of $7.47. The company has a market capitalization of $5.81 million, a PE ratio of -0.15 and a beta of -0.64.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Gauzy in a report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $10.00.

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.