Roadzen, Inc. (NASDAQ:RDZNW) Short Interest Up 23.5% in September

Roadzen, Inc. (NASDAQ:RDZNW) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 81,400 shares, a growth of 23.5% from the August 31st total of 65,900 shares. Based on an average daily trading volume, of 19,500 shares, the days-to-cover ratio is currently 4.2 days.

Roadzen Stock Performance

Shares of RDZNW remained flat at $0.06 during mid-day trading on Friday. 114 shares of the company traded hands, compared to its average volume of 21,788. Roadzen has a twelve month low of $0.02 and a twelve month high of $0.16. The business has a fifty day moving average of $0.08 and a 200-day moving average of $0.08.

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.