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

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 391 shares, a growth of 105.8% from the September 30th total of 190 shares. Based on an average trading volume of 1,882 shares, the days-to-cover ratio is presently 0.2 days.

Innovative Eyewear Trading Down 2.0%

LUCYW traded down $0.00 during trading on Friday, hitting $0.05. 806 shares of the stock traded hands, compared to its average volume of 10,255. Innovative Eyewear has a 12-month low of $0.03 and a 12-month high of $0.12. The firm has a 50-day moving average of $0.04 and a 200 day moving average of $0.05.

Innovative Eyewear Company Profile

Innovative Eyewear, Inc develops and sells smart eyewear designed to combine the functionality of wireless audio devices with traditional prescription glasses and sunglasses. Its products feature built-in speakers and microphones that enable hands-free phone calls, music playback, voice commands and access to artificial-intelligence assistants.

The company markets its products under the Lucyd brand, including the Lucyd Lyte and other connected eyewear models. It has also introduced smart eyewear through licensed or collaborative brands, including Nautica and Eddie Bauer.