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

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

Roadzen Trading Down 10.2%

Shares of Roadzen stock opened at $0.24 on Friday. The stock has a 50 day moving average of $0.16 and a 200 day moving average of $0.10. Roadzen has a fifty-two week low of $0.04 and a fifty-two week high of $0.27.

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.