Gauzy Ltd. (NASDAQ:GAUZ) Sees Large Drop in Short Interest

Gauzy Ltd. (NASDAQ:GAUZ) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 40,628 shares, a decrease of 96.3% from the August 31st total of 1,102,568 shares. Approximately 3.6% of the company’s stock are sold short. Based on an average daily volume of 22,715 shares, the short-interest ratio is currently 1.8 days.

Wall Street Analysts Forecast Growth

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

Gauzy Stock Performance

Shares of Gauzy stock traded down $0.22 during trading on Thursday, reaching $6.45. The company’s stock had a trading volume of 4,891 shares, compared to its average volume of 17,109. The business’s fifty day moving average price is $7.35 and its 200-day moving average price is $10.74. The firm has a market cap of $7.35 million, a price-to-earnings ratio of -0.16 and a beta of -0.27. Gauzy has a one year low of $4.61 and a one year high of $141.60.

About Gauzy

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.