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

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

Robinhood Ventures Fund I Stock Down 4.4%

RVI traded down $1.34 during trading on Tuesday, reaching $29.16. 264,613 shares of the stock traded hands, compared to its average volume of 688,702. The company has a 50-day simple moving average of $42.00. Robinhood Ventures Fund I has a 12 month low of $21.00 and a 12 month high of $77.39. The stock has a market capitalization of $615.77 million, a PE ratio of -34.31 and a beta of 1.66.

Robinhood Ventures Fund I Company Profile

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