Gauzy (NASDAQ:GAUZ) Short Interest Update

Gauzy (NASDAQ:GAUZ) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 123,000 shares, a decline of 35.9% from the December 15th total of 191,900 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average trading volume of 62,000 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Ibex Investors LLC acquired a new stake in shares of Gauzy in the 2nd quarter valued at approximately $40,030,000. Driehaus Capital Management LLC acquired a new position in Gauzy during the second quarter worth $4,289,000. Millennium Management LLC bought a new stake in Gauzy during the second quarter worth $2,824,000. Ghisallo Capital Management LLC acquired a new stake in Gauzy in the second quarter valued at $1,491,000. Finally, Stifel Financial Corp grew its position in shares of Gauzy by 320.9% in the 3rd quarter. Stifel Financial Corp now owns 111,748 shares of the company’s stock valued at $989,000 after acquiring an additional 85,198 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. TD Cowen lowered their target price on Gauzy from $24.00 to $18.00 and set a “buy” rating for the company in a report on Friday, November 1st. Barclays decreased their price objective on Gauzy from $24.00 to $15.00 and set an “overweight” rating for the company in a report on Wednesday, November 13th. Finally, B. Riley cut their target price on Gauzy from $15.50 to $14.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th.

Gauzy Trading Down 0.2 %

NASDAQ:GAUZ opened at $10.71 on Wednesday. Gauzy has a 52-week low of $6.78 and a 52-week high of $17.10. The company has a quick ratio of 0.85, a current ratio of 1.16 and a debt-to-equity ratio of 0.40. The stock’s 50-day simple moving average is $8.79 and its 200 day simple moving average is $9.53.

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.