Robinhood Ventures Fund I (NYSE:RVI) Sees Large Drop in Short Interest

Robinhood Ventures Fund I (NYSE:RVIGet Free Report) was the target of a large 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. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 574,459 shares, the days-to-cover ratio is currently 0.4 days.

Robinhood Ventures Fund I Stock Down 7.1%

RVI traded down $1.92 during trading on Thursday, reaching $25.28. 556,509 shares of the company’s stock were exchanged, compared to its average volume of 686,704. Robinhood Ventures Fund I has a one year low of $21.00 and a one year high of $77.39. The stock has a market capitalization of $533.84 million, a PE ratio of -29.74 and a beta of 1.66. The stock has a fifty day moving average price of $41.85.

Robinhood Ventures Fund I Company Profile

(Get Free Report)

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

See Also

Receive News & Ratings for Robinhood Ventures Fund I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robinhood Ventures Fund I and related companies with MarketBeat.com's FREE daily email newsletter.