Gauzy (NASDAQ:GAUZ) Short Interest Update

Gauzy (NASDAQ:GAUZ) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 94,900 shares, an increase of 45.8% from the August 31st total of 65,100 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 72,300 shares, the short-interest ratio is currently 1.3 days.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Barclays assumed coverage on shares of Gauzy in a report on Monday, July 1st. They set an “overweight” rating and a $24.00 price objective on the stock. B. Riley assumed coverage on Gauzy in a research note on Tuesday, July 2nd. They set a “buy” rating and a $21.00 price target on the stock. TD Cowen started coverage on Gauzy in a report on Monday, July 1st. They issued a “buy” rating and a $24.00 price objective on the stock. Finally, Stifel Nicolaus assumed coverage on Gauzy in a report on Monday, July 1st. They set a “buy” rating and a $18.00 target price for the company.

Institutional Investors Weigh In On Gauzy

Hedge funds and other institutional investors have recently made changes to their positions in the company. Point72 DIFC Ltd acquired a new stake in shares of Gauzy during the 2nd quarter valued at about $170,000. Skylands Capital LLC purchased a new position in Gauzy during the second quarter worth approximately $825,000. Empyrean Capital Partners LP acquired a new stake in Gauzy in the second quarter valued at approximately $1,202,000. Ghisallo Capital Management LLC purchased a new stake in shares of Gauzy in the second quarter valued at approximately $1,491,000. Finally, Millennium Management LLC acquired a new position in shares of Gauzy during the 2nd quarter worth approximately $2,824,000.

Gauzy Price Performance

NASDAQ:GAUZ traded up $0.27 during mid-day trading on Friday, hitting $9.19. The company’s stock had a trading volume of 15,450 shares, compared to its average volume of 75,940. The business’s fifty day moving average price is $10.07. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.03 and a current ratio of 1.19. Gauzy has a 1 year low of $8.17 and a 1 year high of $17.10.

Gauzy (NASDAQ:GAUZ) last issued its earnings results on Thursday, August 8th. The company reported ($0.88) EPS for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.48). The firm had revenue of $24.41 million during the quarter, compared to analysts’ expectations of $23.83 million. Research analysts expect that Gauzy will post -1.96 EPS for the current year.

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.