Robinhood Ventures Fund I (NYSE:RVI) Stock Price Down 4.6% – Here’s Why

Robinhood Ventures Fund I (NYSE:RVIGet Free Report) shares dropped 4.6% during trading on Wednesday . The company traded as low as $42.11 and last traded at $42.50. 133,044 shares traded hands during trading, a decline of 82% from the average daily volume of 758,771 shares. The stock had previously closed at $44.54.

Robinhood Ventures Fund I Price Performance

The stock has a market capitalization of $859.46 million, a price-to-earnings ratio of -47.88 and a beta of 1.66. The company’s fifty day moving average price is $40.21.

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.

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