TSE:QBTC.U (TSE:QBTC.U – Get Free Report) dropped 1.8% during mid-day trading on Thursday . The company traded as low as C$64.15 and last traded at C$64.15. Approximately 1,077 shares were traded during trading, a decline of 65% from the average daily volume of 3,091 shares. The stock had previously closed at C$65.33.
TSE:QBTC.U Price Performance
The stock’s 50 day simple moving average is C$82.35 and its two-hundred day simple moving average is C$96.75.
About TSE:QBTC.U
The Funds investment objectives are to seek to provide holders of Units (Unit holders) of the Fund with: (a) exposure to digital currency bitcoin (bitcoin) and the daily price movements of the U.S. dollar price of bitcoin; and (b) the opportunity for long-term capital appreciation. To achieve its investment objectives, the Fund invests in long-term holdings of bitcoin, purchased from reputable bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, safer alternative to a direct investment in bitcoin.
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