Robinhood Ventures Fund I (NYSE:RVI) Short Interest Down 57.3% in June

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

Robinhood Ventures Fund I Stock Performance

RVI traded down $1.47 during trading on Wednesday, hitting $27.44. The company’s stock had a trading volume of 622,369 shares, compared to its average volume of 688,528. Robinhood Ventures Fund I has a twelve month low of $21.00 and a twelve month high of $77.39. The stock has a market cap of $579.45 million, a PE ratio of -32.28 and a beta of 1.66. The business has a 50 day simple moving average of $41.85.

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.

Further Reading

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