Gauzy Ltd. (NASDAQ:GAUZ) Short Interest Update

Key Points

• Short interest in Gauzy Ltd. (NASDAQ: GAUZ) decreased by 47.4% in July, dropping from 245,100 shares to 129,000 shares, which is about 1.2% of the company's total shares.
• Gauzy's stock price is currently at $5.95, down from a 12-month high of $13.00, with a market capitalization of $113.35 million.
• Several brokerages have downgraded Gauzy's ratings, with Wall Street Zen changing their view to a "sell," while Barclays lowered their price target from $13.00 to $10.00.

Gauzy Ltd. (NASDAQ:GAUZ - Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 129,000 shares, adropof47.4% from the July 15th total of 245,100 shares. Based on an average trading volume of 198,500 shares, the days-to-cover ratio is currently 0.6 days. Currently,1.2% of the shares of the company are short sold. Currently,1.2% of the shares of the company are short sold. Based on an average trading volume of 198,500 shares, the days-to-cover ratio is currently 0.6 days.

Gauzy Price Performance

Shares of GAUZ traded down $0.21 on Friday, reaching $5.70. The stock had a trading volume of 43,259 shares, compared to its average volume of 65,369. The firm has a market capitalization of $108.59 million, a PE ratio of -2.78 and a beta of -0.83. The company has a quick ratio of 0.41, a current ratio of 0.66 and a debt-to-equity ratio of 1.97. The firm has a 50-day moving average of $7.11 and a 200 day moving average of $8.56. Gauzy has a twelve month low of $5.15 and a twelve month high of $13.00.

Institutional Investors Weigh In On Gauzy

A number of institutional investors and hedge funds have recently modified their holdings of GAUZ. Signaturefd LLC acquired a new stake in shares of Gauzy in the 1st quarter worth approximately $28,000. SouthState Corp acquired a new position in Gauzy during the first quarter worth about $56,000. Kingsview Wealth Management LLC acquired a new position in Gauzy during the first quarter worth about $82,000. Wealth Enhancement Advisory Services LLC acquired a new position in Gauzy during the second quarter worth about $95,000. Finally, Clarkston Capital Partners LLC acquired a new position in Gauzy during the second quarter worth about $106,000.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on GAUZ shares. B. Riley dropped their price target on shares of Gauzy from $14.00 to $13.00 and set a "buy" rating on the stock in a research note on Thursday, May 15th. Wall Street Zen lowered shares of Gauzy from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Barclays dropped their price target on shares of Gauzy from $13.00 to $10.00 and set an "overweight" rating on the stock in a research note on Thursday, August 14th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, Gauzy presently has a consensus rating of "Moderate Buy" and a consensus target price of $11.00.

About Gauzy

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.