Gauzy Ltd. (NASDAQ:GAUZ) Stock Short Interest Declines 39.7%

Gauzy Ltd. (NASDAQ:GAUZ) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 4,124 shares, a drop of 39.7% from the September 30th total of 6,842 shares. Based on an average daily trading volume, of 14,701 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are sold short.

Gauzy Trading Up 9.6%

Shares of NASDAQ GAUZ traded up $0.56 during midday trading on Monday, reaching $6.39. 20,523 shares of the stock were exchanged, compared to its average volume of 83,919. The stock has a 50 day moving average price of $6.29 and a 200-day moving average price of $10.97. The company has a market capitalization of $7.28 million, a P/E ratio of -0.16 and a beta of -0.24. Gauzy has a 52-week low of $4.00 and a 52-week high of $112.40.

Analyst Upgrades and Downgrades

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

About Gauzy

Gauzy Ltd. is a materials science and smart-glass technology company that develops light-control solutions for glass and other transparent surfaces. Its technology is designed to regulate the amount of light, glare and privacy passing through a window or panel, supporting applications in transportation, buildings and specialized environments.

The company’s product portfolio includes electronically controlled liquid crystal (LC) and suspended particle device (SPD) technologies, along with smart films, laminated glass, controllers and related software and hardware.