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

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 1,000 shares, a decline of 71.4% from the January 31st total of 3,500 shares. Based on an average daily volume of 8,300 shares, the days-to-cover ratio is currently 0.1 days.

Innovative Eyewear Stock Performance

Shares of LUCYW stock traded down $0.01 during trading on Friday, reaching $0.05. The company’s stock had a trading volume of 19,100 shares, compared to its average volume of 23,752. The business has a fifty day moving average price of $0.05 and a 200-day moving average price of $0.05. Innovative Eyewear has a one year low of $0.02 and a one 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.