Short Interest in Innovative Eyewear, Inc. (NASDAQ:LUCYW) Declines By 22.5%

Innovative Eyewear, Inc. (NASDAQ:LUCYW) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 5,500 shares, a decrease 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 currently 0.7 days.

Innovative Eyewear Stock Performance

Innovative Eyewear stock traded up $0.00 on Friday, hitting $0.08. 1,414 shares of the stock traded hands, compared to its average volume of 22,250. Innovative Eyewear has a 1 year low of $0.02 and a 1 year high of $0.49. The business’s fifty day simple moving average is $0.07 and its 200 day simple moving average is $0.05.

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.