Innovative Eyewear, Inc. (NASDAQ:LUCY) Short Interest Update

Innovative Eyewear, Inc. (NASDAQ:LUCY) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 39,700 shares, a decline of 15.4% from the February 13th total of 46,900 shares. Based on an average daily trading volume, of 32,200 shares, the short-interest ratio is currently 1.2 days. Approximately 3.4% of the company’s shares are short sold.

Innovative Eyewear Price Performance

NASDAQ:LUCY opened at $3.69 on Tuesday. The firm has a 50 day simple moving average of $4.93 and a 200-day simple moving average of $6.13. The firm has a market cap of $9.01 million, a PE ratio of -0.38 and a beta of 2.75. Innovative Eyewear has a 1-year low of $3.26 and a 1-year high of $27.20.

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 to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice.