TSE:QBTC.U (TSE:QBTC.U – Get Free Report) shares were down 2.9% on Tuesday . The company traded as low as C$56.65 and last traded at C$56.80. 606 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 1,770 shares. The stock had previously closed at C$58.49.
TSE:QBTC.U Stock Performance
The firm has a 50-day moving average price of C$69.21 and a 200-day moving average price of C$73.48.
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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