Robinhood Ventures Fund I (NYSE:RVI) Trading 6.3% Higher – Here’s Why

Robinhood Ventures Fund I (NYSE:RVIGet Free Report)’s stock price rose 6.3% during mid-day trading on Tuesday . The company traded as high as $49.79 and last traded at $48.29. Approximately 305,964 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 769,868 shares. The stock had previously closed at $45.44.

Robinhood Ventures Fund I Stock Performance

The company has a market capitalization of $1.06 billion, a P/E ratio of -59.04 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.

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