TSE:QBTC.U (TSE:QBTC.U – Get Free Report)’s stock price dropped 3% during trading on Wednesday. The stock traded as low as C$76.27 and last traded at C$76.31. Approximately 726 shares changed hands during trading, a decline of 60% from the average session volume of 1,826 shares. The stock had previously closed at C$78.71.
TSE:QBTC.U Price Performance
The company’s 50-day moving average is C$69.13 and its two-hundred day moving average is C$66.61.
TSE:QBTC.U Company Profile
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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