Short Interest in Gauzy (NASDAQ:GAUZ) Rises By 13.8%

Gauzy (NASDAQ:GAUZ - Get Free Report) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 125,800 shares, an increase of 13.8% from the September 30th total of 110,500 shares. Based on an average trading volume of 32,800 shares, the short-interest ratio is currently 3.8 days. Approximately 1.2% of the shares of the company are short sold.

Gauzy Stock Up 2.2 %

GAUZ traded up $0.22 during trading on Tuesday, reaching $10.32. The stock had a trading volume of 33,545 shares, compared to its average volume of 64,990. The company has a quick ratio of 1.03, a current ratio of 1.19 and a debt-to-equity ratio of 0.38. Gauzy has a one year low of $8.17 and a one year high of $17.10. The firm's 50-day moving average is $9.64.

Gauzy (NASDAQ:GAUZ - Get Free Report) last released 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 company had revenue of $24.41 million during the quarter, compared to analyst estimates of $23.83 million. As a group, research analysts expect that Gauzy will post -1.95 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GAUZ. Ibex Investors LLC bought a new position in shares of Gauzy during the second quarter valued at about $40,030,000. Millennium Management LLC bought a new stake in shares of Gauzy in the second quarter worth about $2,824,000. Driehaus Capital Management LLC bought a new stake in shares of Gauzy in the second quarter worth about $4,289,000. Ghisallo Capital Management LLC bought a new stake in shares of Gauzy in the second quarter worth about $1,491,000. Finally, Empyrean Capital Partners LP bought a new stake in shares of Gauzy in the second quarter worth about $1,202,000.

Analyst Upgrades and Downgrades

Several research firms have issued reports on GAUZ. TD Cowen began coverage on Gauzy in a research report on Monday, July 1st. They set a "buy" rating and a $24.00 target price on the stock. Barclays assumed coverage on Gauzy in a research report on Monday, July 1st. They set an "overweight" rating and a $24.00 target price on the stock. B. Riley assumed coverage on Gauzy in a research report on Tuesday, July 2nd. They issued a "buy" rating and a $21.00 price objective on the stock. Finally, Stifel Nicolaus assumed coverage on Gauzy in a research report on Monday, July 1st. They issued a "buy" rating and a $18.00 price objective on the stock.

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.

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