Innovative Eyewear, Inc. (NASDAQ:LUCYW) Short Interest Down 39.8% in June

Innovative Eyewear, Inc. (NASDAQ:LUCYW) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 3,215 shares, a drop of 39.8% from the June 15th total of 5,341 shares. Based on an average daily volume of 11,689 shares, the short-interest ratio is currently 0.3 days.

Innovative Eyewear Price Performance

Shares of LUCYW stock traded down $0.00 on Thursday, hitting $0.06. 1,885 shares of the company’s stock traded hands, compared to its average volume of 11,318. The company’s fifty day simple moving average is $0.05 and its 200 day simple moving average is $0.06. Innovative Eyewear has a one year low of $0.03 and a one year 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.