Innovative Eyewear, Inc. (NASDAQ:LUCYW) Short Interest Down 22.5% in March

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 5,500 shares, a decrease of 22.5% from the March 15th total of 7,100 shares. Based on an average trading volume of 8,200 shares, the short-interest ratio is presently 0.7 days.

Innovative Eyewear Trading Up 3.4 %

LUCYW stock traded up $0.00 on Friday, hitting $0.08. The company had a trading volume of 1,414 shares, compared to its average volume of 22,250. The stock’s 50-day simple moving average is $0.07 and its 200 day simple moving average is $0.05. Innovative Eyewear has a 12-month low of $0.02 and a 12-month 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.