Short Interest in Gauzy (NASDAQ:GAUZ) Expands By 7.7%

Gauzy (NASDAQ:GAUZ - Get Free Report) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 198,200 shares, an increase of 7.7% from the November 15th total of 184,100 shares. Based on an average daily trading volume, of 44,700 shares, the short-interest ratio is presently 4.4 days. Approximately 1.9% of the shares of the company are short sold.

Institutional Investors Weigh In On Gauzy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Point72 DIFC Ltd acquired a new stake in Gauzy in the 2nd quarter valued at about $170,000. Skylands Capital LLC bought a new position in shares of Gauzy in the 2nd quarter valued at about $825,000. Empyrean Capital Partners LP bought a new position in shares of Gauzy in the 2nd quarter valued at about $1,202,000. Stifel Financial Corp boosted its stake 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 purchasing an additional 85,198 shares during the last quarter. Finally, Ghisallo Capital Management LLC bought a new position in shares of Gauzy in the 2nd quarter valued at about $1,491,000.

Gauzy Trading Up 5.8 %

GAUZ traded up $0.43 during midday trading on Tuesday, hitting $7.80. The company had a trading volume of 111,522 shares, compared to its average volume of 66,361. The company has a current ratio of 1.16, a quick ratio of 0.85 and a debt-to-equity ratio of 0.40. Gauzy has a twelve month low of $6.78 and a twelve month high of $17.10. The firm has a 50-day moving average price of $8.54.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on GAUZ. TD Cowen reduced their price target on shares of Gauzy from $24.00 to $18.00 and set a "buy" rating for the company in a report on Friday, November 1st. B. Riley dropped their price objective on shares of Gauzy from $15.50 to $14.00 and set a "buy" rating for the company in a research note on Wednesday, November 13th. Finally, Barclays dropped their target price on shares of Gauzy from $24.00 to $15.00 and set an "overweight" rating for the company 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.