Short Interest in Robinhood Ventures Fund I (NYSE:RVI) Expands By 123.6%

Robinhood Ventures Fund I (NYSE:RVIGet Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 340,166 shares, a growth of 123.6% from the May 14th total of 152,144 shares. Currently, 1.6% of the company’s stock are short sold. Based on an average trading volume of 839,379 shares, the days-to-cover ratio is currently 0.4 days.

Robinhood Ventures Fund I Price Performance

RVI stock opened at $35.37 on Monday. The company has a market cap of $746.91 million, a PE ratio of -41.61 and a beta of 1.66. Robinhood Ventures Fund I has a 12-month low of $21.00 and a 12-month high of $77.39. The company has a 50 day simple moving average of $40.04.

About Robinhood Ventures Fund I

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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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