Short Interest in Roadzen, Inc. (NASDAQ:RDZNW) Grows By 51.4%

Roadzen, Inc. (NASDAQ:RDZNW) was the target of a significant increase in short interest in 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 daily trading volume, of 26,891 shares, the days-to-cover ratio is currently 0.0 days.

Roadzen Trading Up 4.3%

RDZNW stock traded up $0.00 during trading hours on Friday, hitting $0.10. 3,000 shares of the stock traded hands, compared to its average volume of 15,357. The stock has a 50-day simple moving average of $0.16 and a 200 day simple moving average of $0.15. Roadzen has a one year low of $0.04 and a one year high of $0.32.

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.