Gauzy Ltd. (NASDAQ:GAUZ) Shares Shorted: Short Interest Down 96.3% in September

by · The Markets Daily

Gauzy Ltd. (NASDAQ:GAUZ – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 40,628 shares, a drop of 96.3% from the August 31st total of 1,102,568 shares. Based on an average trading volume of 22,715 shares, the days-to-cover ratio is currently 1.8 days. Approximately 3.6% of the shares of the stock are short sold.

Gauzy Price Performance

Shares of NASDAQ:GAUZ traded down $0.22 on Thursday, reaching $6.45. 4,891 shares of the company traded hands, compared to its average volume of 17,109. The stock has a market capitalization of $7.35 million, a PE ratio of -0.16 and a beta of -0.27. The company’s 50 day moving average is $7.35 and its 200-day moving average is $10.74. Gauzy has a fifty-two week low of $4.61 and a fifty-two week high of $141.60.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Gauzy in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

View Our Latest Report on GAUZ

Gauzy Company Profile

(Get Free Report)

Gauzy Ltd. is a technology company that develops and manufactures light-control products and systems for the automotive, architectural, aerospace and other specialty-glazing markets. Its technologies are designed to electronically control the amount of light and glare passing through glass and other transparent surfaces.

The company’s products include light-control films, smart-glass solutions, electronic controllers and related software. These products can be incorporated into vehicle windows, sunroofs and interior displays, as well as building windows, partitions and other transparent surfaces.

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