Short Interest in Robinhood Ventures Fund I (NYSE:RVI) Decreases By 31.7%

Robinhood Ventures Fund I (NYSE:RVI) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 170,677 shares, a decrease of 31.7% from the June 30th total of 249,897 shares. Based on an average daily trading volume, of 293,367 shares, the short-interest ratio is presently 0.6 days. Approximately 0.8% of the shares of the stock are sold short.

Robinhood Ventures Fund I Trading Up 2.5%

NYSE:RVI opened at $25.03 on Friday. The firm’s 50-day simple moving average is $36.14. Robinhood Ventures Fund I has a 52 week low of $21.00 and a 52 week high of $77.39. The company has a market capitalization of $528.56 million, a PE ratio of -29.45 and a beta of 1.66.

Robinhood Ventures Fund I Company Profile

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