Gauzy (NASDAQ:GAUZ) Short Interest Update

Gauzy (NASDAQ:GAUZ) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 123,000 shares, a decrease of 35.9% from the December 15th total of 191,900 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 62,000 shares, the days-to-cover ratio is currently 2.0 days.

Hedge Funds Weigh In On Gauzy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Stifel Financial Corp boosted its position in Gauzy by 320.9% during the 3rd quarter. Stifel Financial Corp now owns 111,748 shares of the company’s stock worth $989,000 after acquiring an additional 85,198 shares during the period. Ghisallo Capital Management LLC bought a new stake in shares of Gauzy during the second quarter valued at about $1,491,000. Driehaus Capital Management LLC bought a new stake in shares of Gauzy during the second quarter valued at about $4,289,000. Millennium Management LLC acquired a new stake in Gauzy in the second quarter worth about $2,824,000. Finally, Empyrean Capital Partners LP bought a new position in Gauzy in the 2nd quarter valued at about $1,202,000.

Gauzy Price Performance

Shares of NASDAQ:GAUZ traded down $0.39 during trading hours on Friday, hitting $10.84. The stock had a trading volume of 35,966 shares, compared to its average volume of 54,388. The stock’s fifty day simple moving average is $8.93 and its 200 day simple moving average is $9.55. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.16 and a quick ratio of 0.85. Gauzy has a 1-year low of $6.78 and a 1-year high of $17.10.

Analyst Upgrades and Downgrades

GAUZ has been the subject of a number of research reports. TD Cowen decreased their target price on Gauzy from $24.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, November 1st. B. Riley reduced their price objective on Gauzy from $15.50 to $14.00 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Finally, Barclays dropped their target price on Gauzy from $24.00 to $15.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 13th.

About Gauzy

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.