Innovative Eyewear, Inc. (NASDAQ:LUCYW) Short Interest Down 45.8% in March

Innovative Eyewear, Inc. (NASDAQ:LUCYW) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 7,100 shares, a drop of 45.8% from the February 28th total of 13,100 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 0.8 days.

Innovative Eyewear Stock Up 6.9 %

LUCYW stock traded up $0.00 on Friday, hitting $0.07. 3,885 shares of the company’s stock were exchanged, compared to its average volume of 22,760. The firm has a 50 day moving average price of $0.06 and a two-hundred day moving average price of $0.05. Innovative Eyewear has a 12-month low of $0.02 and a 12-month 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.