Roadzen, Inc. (NASDAQ:RDZNW) Short Interest Down 81.9% in December

Roadzen, Inc. (NASDAQ:RDZNW) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 18,200 shares, a decline of 81.9% from the December 15th total of 100,500 shares. Based on an average daily trading volume, of 54,400 shares, the short-interest ratio is currently 0.3 days.

Roadzen Stock Performance

Shares of NASDAQ:RDZNW traded down $0.00 on Tuesday, reaching $0.09. The company’s stock had a trading volume of 14,909 shares, compared to its average volume of 111,776. The company has a 50-day simple moving average of $0.09 and a 200 day simple moving average of $0.08. Roadzen has a 52-week low of $0.03 and a 52-week high of $0.29.

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.