Robinhood Ventures Fund I (NYSE:RVI) Sees Significant Drop in Short Interest

Robinhood Ventures Fund I (NYSE:RVI) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 152,144 shares, a drop of 65.9% from the April 30th total of 446,165 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 1,498,348 shares, the days-to-cover ratio is presently 0.1 days.

Robinhood Ventures Fund I Stock Up 1.3%

RVI traded up $0.65 during trading on Monday, hitting $50.16. The stock had a trading volume of 491,777 shares, compared to its average volume of 774,305. The company has a market cap of $1.06 billion, a price-to-earnings ratio of -59.01 and a beta of 1.66. Robinhood Ventures Fund I has a twelve month low of $21.00 and a twelve month high of $77.39.

About Robinhood Ventures Fund I

Robinhood Ventures Fund I is a closed-end investment company. The Fund’s investment objective is to seek long-term capital appreciation.