Short Interest in Roadzen, Inc. (NASDAQ:RDZNW) Increases By 510.0%

Roadzen, Inc. (NASDAQ:RDZNW) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 610 shares, a growth of 510.0% from the December 15th total of 100 shares. Based on an average daily trading volume, of 17,433 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 17,433 shares, the days-to-cover ratio is presently 0.0 days.

Roadzen Stock Down 5.3%

Shares of RDZNW stock traded down $0.01 during trading hours on Monday, hitting $0.24. 8,978 shares of the company were exchanged, compared to its average volume of 19,030. Roadzen has a 52 week low of $0.04 and a 52 week high of $0.32. The business has a 50 day moving average of $0.19 and a two-hundred day moving average of $0.11.

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.