Gauzy Ltd. (NASDAQ:GAUZ) Stock Short Interest Jumps 254.0%

Gauzy Ltd. (NASDAQ:GAUZ) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 14,597 shares, an increase of 254.0% from the October 15th total of 4,124 shares. Based on an average daily trading volume, of 54,646 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.3% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Gauzy in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has an average rating of “Sell”.

Gauzy Price Performance

Shares of GAUZ stock traded down $0.24 during trading hours on Thursday, reaching $5.18. The company had a trading volume of 5,896 shares, compared to its average volume of 81,253. The business has a fifty day simple moving average of $5.96 and a 200-day simple moving average of $10.43. Gauzy has a 12 month low of $4.00 and a 12 month high of $86.48. The company has a market cap of $5.91 million, a price-to-earnings ratio of -0.13 and a beta of -0.24.

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.