Roadzen, Inc. (NASDAQ:RDZNW) Short Interest Down 40.8% in November

Roadzen, Inc. (NASDAQ:RDZNW) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 47,200 shares, a decrease of 40.8% from the October 31st total of 79,700 shares. Based on an average daily trading volume, of 11,400 shares, the days-to-cover ratio is currently 4.1 days.

Roadzen Stock Performance

RDZNW traded down $0.01 during trading hours on Thursday, hitting $0.04. 1,300 shares of the stock were exchanged, compared to its average volume of 23,581. The stock has a 50-day simple moving average of $0.06 and a 200-day simple moving average of $0.07. Roadzen has a 12 month low of $0.03 and a 12 month high of $0.16.

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.