TSE:QBTC.U (TSE:QBTC.U – Get Free Report)’s stock price traded down 4.1% during mid-day trading on Friday . The stock traded as low as C$63.56 and last traded at C$63.56. 1,069 shares traded hands during trading, a decline of 52% from the average session volume of 2,213 shares. The stock had previously closed at C$66.31.
TSE:QBTC.U Price Performance
The business has a 50-day simple moving average of C$70.78 and a 200 day simple moving average of C$87.90.
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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