Robinhood Ventures Fund I (NYSE:RVI) Stock Price Down 6.9% – Here’s What Happened

Shares of Robinhood Ventures Fund I (NYSE:RVIGet Free Report) traded down 6.9% during mid-day trading on Thursday . The stock traded as low as $32.77 and last traded at $32.77. 350,160 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 738,047 shares. The stock had previously closed at $35.20.

Robinhood Ventures Fund I Trading Down 5.4%

The firm has a fifty day simple moving average of $40.90. The firm has a market capitalization of $703.20 million, a price-to-earnings ratio of -39.18 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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