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

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 300 shares, a decrease of 94.5% from the September 30th total of 5,500 shares. Based on an average daily trading volume, of 21,300 shares, the days-to-cover ratio is currently 0.0 days.

Innovative Eyewear Stock Performance

Shares of LUCYW stock remained flat at $0.03 during mid-day trading on Friday. 1,217 shares of the company’s stock traded hands, compared to its average volume of 28,489. The stock’s 50-day moving average price is $0.05 and its two-hundred day moving average price is $0.07. 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.