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

Innovative Eyewear, Inc. (NASDAQ:LUCYW) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 13,100 shares, a growth of 1,210.0% from the February 13th total of 1,000 shares. Based on an average daily volume of 8,700 shares, the short-interest ratio is currently 1.5 days.

Innovative Eyewear Price Performance

LUCYW stock opened at $0.06 on Friday. Innovative Eyewear has a 52 week low of $0.02 and a 52 week high of $0.49. The company’s 50-day moving average price is $0.06 and its 200 day moving average price is $0.05.

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.