Gauzy Ltd. (NASDAQ:GAUZ) Shares Shorted: Short Interest Down 39.7% in October

Gauzy Ltd. (NASDAQ:GAUZ) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 4,124 shares, a decrease of 39.7% from the September 30th total of 6,842 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 14,701 shares, the days-to-cover ratio is currently 0.3 days.

Gauzy Trading Down 2.8%

Shares of GAUZ opened at $5.83 on Friday. The stock has a market capitalization of $6.66 million, a price-to-earnings ratio of -0.14 and a beta of -0.17. Gauzy has a 12 month low of $4.00 and a 12 month high of $117.00. The firm has a fifty day simple moving average of $6.29 and a 200 day simple moving average of $10.97.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Gauzy in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Gauzy presently has an average rating of “Sell”.

About Gauzy

Gauzy Ltd. is a materials science and smart-glass technology company that develops light-control solutions for glass and other transparent surfaces. Its technology is designed to regulate the amount of light, glare and privacy passing through a window or panel, supporting applications in transportation, buildings and specialized environments.

The company’s product portfolio includes electronically controlled liquid crystal (LC) and suspended particle device (SPD) technologies, along with smart films, laminated glass, controllers and related software and hardware.