Short Interest in Roadzen, Inc. (NASDAQ:RDZNW) Decreases By 76.7%

Roadzen, Inc. (NASDAQ:RDZNW) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 100 shares, a drop of 76.7% from the November 30th total of 430 shares. Based on an average daily volume of 9,726 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 9,726 shares, the short-interest ratio is presently 0.0 days.

Roadzen Trading Up 7.8%

Shares of NASDAQ RDZNW opened at $0.28 on Thursday. Roadzen has a 1 year low of $0.04 and a 1 year high of $0.27. The company’s 50-day moving average is $0.16 and its 200 day moving average is $0.10.

Roadzen Company Profile

Roadzen, Inc, an insurtech company, provides various insurance products in the United States and internationally. It offers insurance as a service platform, including Via, which enables fleets, carmakers, and insurers to inspect a vehicle using computer vision; Global Distribution Network that enables the configuration, customer quote, payment, and administration of any insurance policy with any insurance carrier as the underwriter; xClaim, which enables digital, touchless, and real-time resolution of claims; StrandD, a digital, real-time dispatch, and tracking for roadside assistance and first notice of loss during accident claims; Good Driving that enables insurers and fleets to recognize drivers, train drivers, and build usage based insurance programs; and Drivebuddy AI, which provides driver-assistance capabilities.