Short Interest in Robinhood Ventures Fund I (NYSE:RVI) Decreases By 57.3%

Robinhood Ventures Fund I (NYSE:RVIGet Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 249,897 shares, a decrease of 57.3% from the June 15th total of 585,067 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily volume of 574,459 shares, the short-interest ratio is currently 0.4 days.

Robinhood Ventures Fund I Price Performance

RVI traded down $1.34 during midday trading on Tuesday, hitting $29.16. 264,613 shares of the company were exchanged, compared to its average volume of 688,702. The firm has a market capitalization of $615.77 million, a price-to-earnings ratio of -34.31 and a beta of 1.66. Robinhood Ventures Fund I has a 1-year low of $21.00 and a 1-year high of $77.39. The business has a 50 day moving average price of $42.00.

Robinhood Ventures Fund I Company Profile

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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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