Short Interest in Gauzy Ltd. (NASDAQ:GAUZ) Increases By 5,033.7%

Gauzy Ltd. (NASDAQ:GAUZ) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 1,507,058 shares, an increase of 5,033.7% from the July 30th total of 29,356 shares. Currently, 6.6% of the company’s stock are short sold. Based on an average trading volume of 24,359,985 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Gauzy in a research report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Gauzy Trading Up 1.9%

NASDAQ GAUZ opened at $0.43 on Wednesday. The business has a fifty day simple moving average of $0.41 and a 200 day simple moving average of $0.58. Gauzy has a 12 month low of $0.23 and a 12 month high of $7.08. The firm has a market capitalization of $9.87 million, a P/E ratio of -0.21 and a beta of -0.47.

Institutional Trading of Gauzy

Institutional investors and hedge funds have recently made changes to their positions in the company. Virtu Financial LLC purchased a new position in Gauzy during the fourth quarter worth about $80,000. HRT Financial LP purchased a new stake in Gauzy in the 4th quarter valued at about $39,000. Jane Street Group LLC purchased a new stake in Gauzy in the 4th quarter valued at about $34,000. Finally, Bank of America Corp DE bought a new position in shares of Gauzy during the 2nd quarter worth approximately $174,000.

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.