Vuzix

VUZI

Vuzix is an American multinational technology firm headquartered in Rochester, New York. Founded in 1997 by Paul Travers, Vuzix is a supplier of wearable display technology, virtual reality and augmented reality. Vuzix manufactures and sells computer display devices and software. Vuzix personal display devices are used for mobile and immersive augmented reality applications, such as 3D gaming, manufacturing training, and military tactical equipment. On January 5, 2015, Intel acquired 30% of Vuzix's stock for $24.8 million.The Company has offices in New York, Japan, and the UK and is the current market leader for video eyewear. Forte was a pioneer during the mid-1990s developing immersive head mounted displays for Virtual Reality and video gaming applications.

Vuzix has been a target of short sellers for a while. The current short interest of 20.23% is slightly above the average of the last 12 months (17.81%).