Wield both at the same time in the same hand? No. Read the Free-Hand trait for specifics. Can you wield a short bow in the same hand you're wearing a gauntlet bow? Yes
If you want to count as wielding both at the same time, wear the gauntlet bow on your other hand. Since short bows are 1+ hand weapons the hand you're not holding the short bow with is considered free until you're actually firing the short bow. The only catch is you would not be able to reload the gauntlet bow unless you drop or stow the short bow. Since they're capacity 4 weapons I doubt that'd actually become a problem in one fight though