Roadzen, Inc. (NASDAQ:RDZNW) Short Interest Update

Roadzen, Inc. (NASDAQ:RDZNW) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 10,400 shares, a growth of 76.3% from the August 31st total of 5,900 shares. Based on an average trading volume of 21,700 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 21,700 shares, the short-interest ratio is currently 0.5 days.

Roadzen Price Performance

Roadzen stock opened at $0.07 on Friday. The company’s 50 day simple moving average is $0.07 and its 200-day simple moving average is $0.06. Roadzen has a 1 year low of $0.04 and a 1 year high of $0.29.

About Roadzen

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.