Gauzy Ltd. (NASDAQ:GAUZ) Short Interest Down 47.4% in July

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) was the target of 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 daily volume of 198,500 shares, the days-to-cover ratio is presently 0.6 days. Currently,1.2% of the company's stock are short sold. Currently,1.2% of the company's stock are short sold. Based on an average daily volume of 198,500 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Gauzy

A number of hedge funds have recently made changes to their positions in the business. Zimmer Partners LP raised its stake in shares of Gauzy by 3.7% during the 1st quarter. Zimmer Partners LP now owns 673,958 shares of the company's stock worth $5,392,000 after purchasing an additional 24,055 shares during the period. Citadel Advisors LLC raised its stake in shares of Gauzy by 4.9% during the 4th quarter. Citadel Advisors LLC now owns 441,864 shares of the company's stock worth $4,379,000 after purchasing an additional 20,674 shares during the period. Schechter Investment Advisors LLC bought a new stake in shares of Gauzy during the 1st quarter worth $2,782,000. Stifel Financial Corp raised its stake in shares of Gauzy by 85.5% during the 4th quarter. Stifel Financial Corp now owns 207,275 shares of the company's stock worth $2,054,000 after purchasing an additional 95,527 shares during the period. Finally, Northern Trust Corp bought a new stake in shares of Gauzy during the 4th quarter worth $505,000.

Analyst Upgrades and Downgrades

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

Gauzy Stock Down 3.6%

GAUZ traded down $0.21 during mid-day trading on Friday, reaching $5.70. 43,259 shares of the stock were exchanged, compared to its average volume of 65,369. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.41 and a current ratio of 0.66. The stock has a market capitalization of $108.59 million, a PE ratio of -2.78 and a beta of -0.83. The company has a 50 day moving average price of $7.11 and a two-hundred day moving average price of $8.54. Gauzy has a 1 year low of $5.15 and a 1 year high of $13.00.

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.