Fundrise Innovation Fund, LLC closed at $19.38 on Nov 5, down 9.99%, within 0.0% of its lowest close since Sep 11. Volume of 998.4K shares was 2.38× its 20-day average (well above normal).
Split-adjusted performance: -33.3% over one month.
Short interest was 585.2K shares at the Oct 15 settlement, down 10.9% from the prior report (1.4 days to cover).
No recent articles focused on Fundrise Innovation Fund, LLC. 2 articles mention it in passing.
Quick answers
What does Fundrise Innovation Fund, LLC do?
Fundrise Innovation Fund, LLC is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide total return through long-term capital appreciation.
What is VCX's market cap?
$693.75M, based on the Nov 5 close of $19.38.
About Fundrise Innovation Fund, LLC
Fundrise Innovation Fund, LLC is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide total return through long-term capital appreciation. The Fund seeks to achieve its investment objective by investing in private and public technology companies, directly or indirectly, with a primary focus on the equity securities (e.g., common stock, preferred stock, and convertible debt) of certain privately held, mid-to-late-stage, growth companies (Portfolio Companies), or other investments (including derivatives, exchange-traded funds, and other pooled investment vehicles) that have economic characteristics similar to investments in technology companies.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology