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

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

Roadzen Price Performance

Shares of NASDAQ:RDZNW remained flat at $0.05 during midday trading on Friday. 100 shares of the company were exchanged, compared to its average volume of 19,200. Roadzen has a fifty-two week low of $0.02 and a fifty-two week high of $0.17. The stock’s fifty day moving average price is $0.07 and its two-hundred day moving average price is $0.08.

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.