Short Interest in Roadzen, Inc. (NASDAQ:RDZNW) Declines By 65.6%

Roadzen, Inc. (NASDAQ:RDZNW) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 210 shares, a decline of 65.6% from the December 31st total of 610 shares. Based on an average daily volume of 9,643 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 9,643 shares, the days-to-cover ratio is presently 0.0 days.

Roadzen Trading Up 4.9%

Shares of NASDAQ:RDZNW traded up $0.01 during trading on Thursday, hitting $0.17. The stock had a trading volume of 7,700 shares, compared to its average volume of 10,960. Roadzen has a 12-month low of $0.04 and a 12-month high of $0.32. The stock has a 50-day simple moving average of $0.21 and a two-hundred day simple moving average of $0.13.

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.