Short Interest in Innovative Eyewear, Inc. (NASDAQ:LUCYW) Grows By 2,650.0%

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 5,500 shares, a growth of 2,650.0% from the September 15th total of 200 shares. Based on an average daily trading volume, of 24,800 shares, the days-to-cover ratio is presently 0.2 days.

Innovative Eyewear Price Performance

LUCYW traded down $0.01 on Friday, hitting $0.03. 39,629 shares of the company were exchanged, compared to its average volume of 30,225. The firm has a fifty day simple moving average of $0.05 and a two-hundred day simple moving average of $0.07. 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.