Short Interest in Robinhood Ventures Fund I (NYSE:RVI) Expands By 72.0%

Robinhood Ventures Fund I (NYSE:RVIGet Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 585,067 shares, a growth of 72.0% from the May 31st total of 340,166 shares. Based on an average daily volume of 672,824 shares, the days-to-cover ratio is currently 0.9 days. Approximately 2.8% of the company’s shares are sold short.

Robinhood Ventures Fund I Price Performance

NYSE RVI traded down $1.59 during trading on Thursday, hitting $32.81. The stock had a trading volume of 243,902 shares, compared to its average volume of 726,282. Robinhood Ventures Fund I has a one year low of $21.00 and a one year high of $77.39. The firm’s 50 day moving average price is $41.74. The stock has a market cap of $692.85 million, a PE ratio of -38.60 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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