Innovative Eyewear, Inc. (NASDAQ:LUCYW) Short Interest Down 81.3% in January

Innovative Eyewear, Inc. (NASDAQ:LUCYW) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,400 shares, a decrease of 81.3% from the December 31st total of 7,500 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 0.2 days.

Innovative Eyewear Price Performance

LUCYW traded down $0.00 during trading on Tuesday, reaching $0.06. 700 shares of the company were exchanged, compared to its average volume of 6,885. Innovative Eyewear has a 52 week low of $0.02 and a 52 week high of $0.49. The firm has a 50 day moving average of $0.05 and a 200 day moving average of $0.05.

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.