Roadzen, Inc. (NASDAQ:RDZNW) Stock Short Interest Declines 76.4%

Roadzen, Inc. (NASDAQ:RDZNW – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 3,826 shares, a decrease of 76.4% from the August 31st total of 16,215 shares. Based on an average daily trading volume, of 8,724 shares, the days-to-cover ratio is presently 0.4 days.

Roadzen Stock Up 7.3%

Shares of NASDAQ RDZNW traded up $0.01 during midday trading on Friday, hitting $0.09. The stock had a trading volume of 777 shares, compared to its average volume of 17,373. Roadzen has a fifty-two week low of $0.05 and a fifty-two week high of $0.32. The company’s 50-day simple moving average is $0.10 and its 200 day simple moving average is $0.14.

Get Roadzen alerts:

Roadzen Company Profile

(Get Free Report)

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.

Further Reading

• Five stocks we like better than Roadzen
• SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
• These 3 Overlooked Stocks Have Big Money Behind Them
• Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally
• Best Buy Is Turning Amazon Fire TV Into a New Advertising Opportunity

Receive News & Ratings for Roadzen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roadzen and related companies with MarketBeat.com's FREE daily email newsletter.