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

Innovative Eyewear, Inc. (NASDAQ:LUCYW – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 115 shares, a drop of 90.8% from the August 31st total of 1,254 shares. Based on an average daily volume of 2,128 shares, the short-interest ratio is presently 0.1 days.

Innovative Eyewear Trading Down 0.6%

Shares of LUCYW traded down $0.00 during mid-day trading on Thursday, hitting $0.04. Innovative Eyewear has a 12 month low of $0.03 and a 12 month high of $0.18. The business’s 50 day moving average is $0.04 and its 200-day moving average is $0.05.

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About Innovative Eyewear

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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. In addition, the company provides Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with an individual's voice; and Lucyd app for iOS and Android to provide voice access to ChatGPT in Lucyd eyewear.

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