Roadzen, Inc. (NASDAQ:RDZNW) Short Interest Down 65.6% in January

Roadzen, Inc. (NASDAQ:RDZNW) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 210 shares, a drop of 65.6% from the December 31st total of 610 shares. Based on an average daily volume of 9,643 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 9,643 shares, the short-interest ratio is presently 0.0 days.

Roadzen Stock Performance

Shares of NASDAQ:RDZNW traded up $0.06 during trading hours on Friday, hitting $0.22. 7,700 shares of the company’s stock traded hands, compared to its average volume of 10,960. Roadzen has a 52 week low of $0.04 and a 52 week high of $0.32. The company’s fifty day simple moving average is $0.21 and its two-hundred day simple moving average is $0.13.

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.