Robinhood Ventures Fund I (NYSE:RVI) Short Interest Up 72.0% in June

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

Robinhood Ventures Fund I Price Performance

Shares of RVI opened at $34.11 on Friday. The company’s 50-day moving average is $41.93. The company has a market cap of $720.30 million, a price-to-earnings ratio of -40.13 and a beta of 1.66. Robinhood Ventures Fund I has a 1-year low of $21.00 and a 1-year high of $77.39.

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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