Robinhood Ventures Fund II (Closed End) (NYSE:RVII) Stock Short Interest Climbs 231.9%

Robinhood Ventures Fund II (Closed End) (NYSE:RVII) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 118,217 shares, a growth of 231.9% from the August 31st total of 35,618 shares. Approximately 23.6% of the company’s shares are sold short. Based on an average daily trading volume, of 322,125 shares, the days-to-cover ratio is presently 0.4 days.

Robinhood Ventures Fund II (Closed End) Stock Performance

Robinhood Ventures Fund II (Closed End) stock traded down $0.18 during midday trading on Friday, reaching $22.22. 115,297 shares of the stock traded hands, compared to its average volume of 265,015. Robinhood Ventures Fund II has a 12-month low of $21.50 and a 12-month high of $25.24.

Robinhood Ventures Fund II is a publicly traded closed-end investment fund listed on the New York Stock Exchange under the symbol RVII. Unlike an operating company, the fund’s primary activity is managing an investment portfolio rather than selling products or services to consumers.

The fund is designed to provide investors with exposure to venture capital and privately held businesses. Its investments may include interests in venture capital funds and direct or indirect investments in emerging companies, with the portfolio intended to offer diversified access to private-market opportunities.

Information about the fund’s specific portfolio holdings, geographic focus, and leadership is limited in the available public information.