Short Interest in Gauzy Ltd. (NASDAQ:GAUZ) Expands By 126.7%

Key Points

• Gauzy Ltd. experienced a significant 126.7% increase in short interest in July, totaling 245,100 shares, which represents approximately 2.4% of the company's shares.
• The company's recent earnings report showed a loss of ($0.54) per share, missing estimates, with revenue of $22.37 million, below expectations of $26.91 million.
• Analysts have mixed ratings for Gauzy, with one sell rating, two hold ratings, and two buy ratings, and an average price target of $12.00.

Gauzy Ltd. (NASDAQ:GAUZ - Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 245,100 shares, agrowthof126.7% from the June 30th total of 108,100 shares. Based on an average daily volume of 197,400 shares, the short-interest ratio is currently 1.2 days. Approximately2.4% of the company's stock are short sold. Approximately2.4% of the company's stock are short sold. Based on an average daily volume of 197,400 shares, the short-interest ratio is currently 1.2 days.

Institutional Investors Weigh In On Gauzy

A number of institutional investors have recently made changes to their positions in GAUZ. Zimmer Partners LP grew its stake in Gauzy by 3.7% in the first quarter. Zimmer Partners LP now owns 673,958 shares of the company's stock valued at $5,392,000 after acquiring an additional 24,055 shares during the period. Citadel Advisors LLC grew its stake in Gauzy by 4.9% in the fourth quarter. Citadel Advisors LLC now owns 441,864 shares of the company's stock valued at $4,379,000 after acquiring an additional 20,674 shares during the period. Schechter Investment Advisors LLC bought a new stake in shares of Gauzy in the first quarter valued at about $2,782,000. Stifel Financial Corp lifted its holdings in shares of Gauzy by 85.5% in the fourth quarter. Stifel Financial Corp now owns 207,275 shares of the company's stock valued at $2,054,000 after purchasing an additional 95,527 shares in the last quarter. Finally, Northern Trust Corp bought a new stake in shares of Gauzy in the fourth quarter valued at about $505,000.

Analyst Upgrades and Downgrades

GAUZ has been the topic of a number of recent analyst reports. Wall Street Zen downgraded Gauzy from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Barclays reduced their target price on Gauzy from $15.00 to $13.00 and set an "overweight" rating for the company in a report on Wednesday, May 14th. Finally, B. Riley lowered their target price on Gauzy from $14.00 to $13.00 and set a "buy" rating on the stock in a report on Thursday, May 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $12.00.

Gauzy Price Performance

GAUZ traded up $0.07 during trading on Friday, hitting $6.24. The company's stock had a trading volume of 30,536 shares, compared to its average volume of 526,118. The firm's 50 day moving average price is $7.60 and its two-hundred day moving average price is $8.93. The company has a quick ratio of 0.53, a current ratio of 0.81 and a debt-to-equity ratio of 0.55. Gauzy has a 12 month low of $5.50 and a 12 month high of $13.00. The stock has a market capitalization of $118.87 million, a price-to-earnings ratio of -1.53 and a beta of -0.83.

Gauzy (NASDAQ:GAUZ - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($0.19). The business had revenue of $22.37 million during the quarter, compared to the consensus estimate of $26.91 million. Gauzy had a negative net margin of 50.13% and a negative return on equity of 62.32%. Sell-side analysts forecast that Gauzy will post -2.26 earnings per share for the current fiscal year.

Gauzy Company Profile

Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.