Innovative Eyewear, Inc. (NASDAQ:LUCYW) Sees Large Decline in Short Interest

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

Innovative Eyewear Stock Performance

Innovative Eyewear stock traded down $0.00 during midday trading on Monday, hitting $0.08. 200 shares of the stock were exchanged, compared to its average volume of 22,143. The company has a 50 day moving average price of $0.07 and a two-hundred day moving average price of $0.05. Innovative Eyewear has a 1 year low of $0.02 and a 1 year 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.