Roadzen, Inc. (NASDAQ:RDZNW) Sees Significant Increase in Short Interest

Roadzen, Inc. (NASDAQ:RDZNW) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 318 shares, an increase of 51.4% from the February 26th total of 210 shares. Based on an average trading volume of 26,891 shares, the days-to-cover ratio is presently 0.0 days.

Roadzen Stock Performance

Roadzen stock opened at $0.10 on Monday. The company’s 50-day moving average is $0.16 and its 200-day moving average is $0.15. Roadzen has a fifty-two week low of $0.04 and a fifty-two week 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.