Roadzen, Inc. (NASDAQ:RDZNW) Short Interest Up 510.0% in December

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

Roadzen Stock Down 2.3%

RDZNW traded down $0.01 on Wednesday, hitting $0.23. The company had a trading volume of 8,392 shares, compared to its average volume of 17,425. The company’s fifty day moving average price is $0.19 and its 200 day moving average price is $0.12. Roadzen has a 1 year low of $0.04 and a 1 year high of $0.32.

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.