Robinhood Ventures Fund I (NYSE:RVI) Trading Down 5.7% – Should You Sell?

Robinhood Ventures Fund I (NYSE:RVIGet Free Report)’s stock price dropped 5.7% during mid-day trading on Tuesday . The company traded as low as $28.50 and last traded at $28.75. Approximately 146,411 shares were traded 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 stock has a 50-day moving average of $42.00. The firm has a market cap of $613.45 million, a price-to-earnings ratio of -34.18 and a beta of 1.66.

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.

Further Reading

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