Innovative Eyewear, Inc. (NASDAQ:LUCYW – Get Rating)'s share price fell 3.9% on Thursday . The company traded as low as $0.24 and last traded at $0.27. 2,271 shares traded hands during trading, a decline of 88% from the average session volume of 19,553 shares. The stock had previously closed at $0.28.

Innovative Eyewear Trading Down 3.9 %

The company has a fifty day moving average of $0.19.

Institutional Trading of Innovative Eyewear

A number of institutional investors and hedge funds have recently made changes to their positions in LUCYW. Altium Capital Management LP bought a new position in Innovative Eyewear in the 3rd quarter valued at approximately $60,000. Anson Funds Management LP bought a new position in Innovative Eyewear in the 3rd quarter valued at approximately $209,000. Finally, Armistice Capital LLC bought a new position in Innovative Eyewear in the 3rd quarter valued at approximately $84,000.

About Innovative Eyewear

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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.

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