Gauzy Ltd. (NASDAQ:GAUZ) Short Interest Update

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

Hedge Funds Weigh In On Gauzy

Hedge funds have recently modified their holdings of the stock. Prospera Financial Services Inc acquired a new position in shares of Gauzy in the third quarter worth $103,000. Kingsview Wealth Management LLC increased its stake in shares of Gauzy by 39.1% in the third quarter. Kingsview Wealth Management LLC now owns 20,265 shares of the company’s stock worth $128,000 after acquiring an additional 5,700 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Gauzy in the second quarter worth $174,000. Jane Street Group LLC acquired a new position in shares of Gauzy in the fourth quarter worth $34,000. Finally, HRT Financial LP acquired a new position in shares of Gauzy in the fourth quarter worth $39,000.

Wall Street Analyst Weigh In

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

Gauzy Stock Performance

Shares of NASDAQ GAUZ traded down $0.03 during mid-day trading on Monday, reaching $0.83. The company had a trading volume of 199,448 shares, compared to its average volume of 292,144. Gauzy has a twelve month low of $0.37 and a twelve month high of $9.60. The stock has a market capitalization of $15.54 million, a PE ratio of -0.40 and a beta of -1.04. The stock’s 50 day moving average is $0.68 and its 200-day moving average is $1.37.

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.