Short Interest in Innovative Eyewear, Inc. (NASDAQ:LUCYW) Drops By 71.4%

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,000 shares, a drop 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 currently 0.1 days.

Innovative Eyewear Trading Down 21.2 %

LUCYW traded down $0.01 during midday trading on Friday, hitting $0.05. The company had a trading volume of 19,100 shares, compared to its average volume of 23,752. Innovative Eyewear has a twelve month low of $0.02 and a twelve month high of $0.49. The firm’s 50-day simple moving average is $0.05 and its 200-day simple moving average is $0.05.

About Innovative Eyewear

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.