TSE:QBTC.U (TSE:QBTC.U – Get Free Report)’s share price rose 1.4% during mid-day trading on Wednesday . The company traded as high as C$58.65 and last traded at C$58.65. 211 shares changed hands during trading, a decline of 87% from the average daily volume of 1,590 shares. The stock had previously closed at C$57.83.
TSE:QBTC.U Price Performance
The company’s 50 day moving average price is C$57.79 and its two-hundred day moving average price is C$66.89.
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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