Innovative Eyewear, Inc. (NASDAQ:LUCYW) Sees Significant Decrease in Short Interest

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 1,000 shares, a decrease of 71.4% from the January 31st total of 3,500 shares. Based on an average daily volume of 8,300 shares, the short-interest ratio is presently 0.1 days.

Innovative Eyewear Price Performance

NASDAQ:LUCYW opened at $0.06 on Friday. The business’s 50-day simple moving average is $0.05 and its two-hundred day simple moving average is $0.05. Innovative Eyewear has a 52 week low of $0.02 and a 52 week high of $0.49.

Innovative Eyewear Company Profile

Innovative Eyewear, Inc develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants and ChatGPT to perform various smartphone tasks hands-free. It also offers smart eyewear under the Lyte XL brand; and Nautica Powered by Lucyd smart eyewear collection and various branded accessories, including a power brick, cleaning cloth, and a slipcase adorned.