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

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 190 shares, an increase of 65.2% from the September 15th total of 115 shares. Based on an average daily volume of 3,312 shares, the days-to-cover ratio is currently 0.1 days.

Innovative Eyewear Trading Down 9.4%

Innovative Eyewear stock traded down $0.00 during mid-day trading on Friday, reaching $0.03. The stock had a trading volume of 59,674 shares, compared to its average volume of 10,242. Innovative Eyewear has a fifty-two week low of $0.03 and a fifty-two week high of $0.15. The stock’s 50-day simple moving average is $0.04 and its 200-day simple moving average is $0.05.

About Innovative Eyewear

Innovative Eyewear, Inc develops and sells smart eyewear designed to combine the functionality of wireless audio devices with traditional prescription glasses and sunglasses. Its products feature built-in speakers and microphones that enable hands-free phone calls, music playback, voice commands and access to artificial-intelligence assistants.

The company markets its products under the Lucyd brand, including the Lucyd Lyte and other connected eyewear models. It has also introduced smart eyewear through licensed or collaborative brands, including Nautica and Eddie Bauer.