Innovative Eyewear, Inc. (NASDAQ:LUCYW) Short Interest Down 64.9% in July

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,128 shares, a decline of 64.9% from the June 30th total of 3,215 shares. Based on an average daily volume of 9,442 shares, the short-interest ratio is currently 0.1 days.

Innovative Eyewear Trading Up 24.7%

NASDAQ LUCYW traded up $0.01 on Tuesday, reaching $0.03. 1,954 shares of the stock traded hands, compared to its average volume of 10,947. The company has a fifty day moving average price of $0.05 and a 200-day moving average price of $0.06. Innovative Eyewear has a 12 month low of $0.03 and a 12 month high of $0.18.

About Innovative Eyewear

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.