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

Roadzen, Inc. (NASDAQ:RDZNW) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 19,105 shares, an increase of 172.3% from the July 15th total of 7,017 shares. Based on an average daily volume of 20,347 shares, the short-interest ratio is currently 0.9 days.

Roadzen Stock Performance

NASDAQ RDZNW opened at $0.12 on Friday. The business has a fifty day moving average price of $0.15 and a two-hundred day moving average price of $0.16. Roadzen has a fifty-two week low of $0.05 and a fifty-two week high of $0.32.

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.