Roadzen, Inc. (NASDAQ:RDZNW) Short Interest Down 36.2% in June

Roadzen, Inc. (NASDAQ:RDZNW) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 9,000 shares, a decrease of 36.2% from the May 31st total of 14,100 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is currently 0.8 days.

Roadzen Price Performance

NASDAQ RDZNW remained flat at $0.05 on Friday. The company’s stock had a trading volume of 100 shares, compared to its average volume of 19,200. Roadzen has a 1 year low of $0.02 and a 1 year high of $0.17. The firm has a 50-day simple moving average of $0.07 and a 200 day simple moving average of $0.08.

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.