Robinhood Ventures Fund I (NYSE:RVI) Trading Down 4% – Here’s Why

Robinhood Ventures Fund I (NYSE:RVIGet Free Report) dropped 4% during trading on Thursday . The company traded as low as $35.77 and last traded at $36.09. Approximately 85,223 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 750,359 shares. The stock had previously closed at $37.60.

Robinhood Ventures Fund I Stock Performance

The stock’s 50 day moving average price is $40.26. The stock has a market cap of $739.31 million, a PE ratio of -41.19 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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