Roadzen, Inc. (NASDAQ:RDZNW) Short Interest Up 84.7% in May

Roadzen, Inc. (NASDAQ:RDZNW) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 12,950 shares, a growth of 84.7% from the April 30th total of 7,011 shares. Based on an average trading volume of 25,742 shares, the short-interest ratio is presently 0.5 days.

Roadzen Stock Performance

RDZNW opened at $0.23 on Thursday. Roadzen has a fifty-two week low of $0.05 and a fifty-two week high of $0.32. The company’s 50-day moving average is $0.17 and its 200 day moving average is $0.18.

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.