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

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,215 shares, a decrease of 39.8% from the June 15th total of 5,341 shares. Based on an average trading volume of 11,689 shares, the short-interest ratio is currently 0.3 days.

Innovative Eyewear Price Performance

LUCYW stock traded down $0.00 during midday trading on Thursday, hitting $0.06. The stock had a trading volume of 1,885 shares, compared to its average volume of 11,318. Innovative Eyewear has a 52-week low of $0.03 and a 52-week high of $0.18. The business has a 50-day moving average of $0.05 and a two-hundred day moving average of $0.06.

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. In addition, the company provides Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with an individual's voice; and Lucyd app for iOS and Android to provide voice access to ChatGPT in Lucyd eyewear.