Robinhood Ventures Fund I (NYSE:RVI – Get Free Report) dropped 5.7% on Tuesday . The company traded as low as $28.50 and last traded at $28.75. 146,411 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 686,963 shares. The stock had previously closed at $30.50.
Robinhood Ventures Fund I Price Performance
The firm’s 50 day moving average is $42.00. The company has a market capitalization of $613.45 million, a price-to-earnings ratio of -34.18 and a beta of 1.66.
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.
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