Roadzen, Inc. (NASDAQ:RDZNW) is seeing a significant increase in short interest

Roadzen, Inc. (NASDAQ:RDZNW – Get Free Report ) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 81,400 shares, up 23.5% from its 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 price performance

Shares of RDZNW stock remained flat at $$0.06 during midday trading on Friday. The company’s stock had a trading volume of 114 shares, compared to its average volume of 21,788. The company has a 50-day moving average of $0.08 and a 200-day moving average of $0.08. Roadzen has a 52 week low of $0.02 and a 52 week high of $0.16.

Roadzen Company Profile

(Get a free report)

Roadzen, Inc, an insurtech company, provides various insurance products in the United States and internationally. It offers an insurance as a service platform, including Via, which allows fleets, automakers and insurers to inspect a vehicle using computer vision; The global distribution network that enables the configuration, customer offer, payment and administration of any insurance policy with any insurance carrier as an underwriter; xClaim, which enables digital, touchless and real-time resolution of claims; StrandD, a real-time digital dispatch and tracking for roadside assistance and first notification of loss during accident claims; Good Driving, which allows insurers and fleets to recognize drivers, train their drivers and create usage-based insurance programs; and Drivebuddy AI, which provides driver assistance capabilities.

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