TSE:QBTC.U (TSE:QBTC.U – Get Free Report) was down 1.3% during trading on Wednesday . The company traded as low as C$69.84 and last traded at C$70.89. Approximately 1,509 shares were traded during mid-day trading, a decline of 18% from the average session volume of 1,847 shares. The stock had previously closed at C$71.86.
TSE:QBTC.U Stock Down 1.3%
The company’s 50 day moving average is C$58.65 and its 200 day moving average is C$65.10.
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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