Robinhood Ventures Fund I (NYSE:RVI) Trading Up 9.5% – Here’s What Happened

Robinhood Ventures Fund I (NYSE:RVIGet Free Report) was up 9.5% on Tuesday . The company traded as high as $42.69 and last traded at $42.36. Approximately 114,371 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 754,331 shares. The stock had previously closed at $38.67.

Robinhood Ventures Fund I Price Performance

The company has a market capitalization of $819.34 million, a price-to-earnings ratio of -45.65 and a beta of 1.66. The firm has a 50 day simple moving average of $40.37.

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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