Short Interest in Robinhood Ventures Fund I (NYSE:RVI) Expands By 72.0%

Robinhood Ventures Fund I (NYSE:RVIGet Free Report) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 585,067 shares, a growth of 72.0% from the May 31st total of 340,166 shares. Currently, 2.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 672,824 shares, the short-interest ratio is currently 0.9 days.

Robinhood Ventures Fund I Price Performance

Shares of RVI stock traded down $1.59 on Thursday, reaching $32.81. The company’s stock had a trading volume of 243,902 shares, compared to its average volume of 726,282. The stock has a market capitalization of $692.85 million, a P/E ratio of -38.60 and a beta of 1.66. The stock’s fifty day simple moving average is $41.74. Robinhood Ventures Fund I has a 1 year low of $21.00 and a 1 year high of $77.39.

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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