TSE:QBTC.U (TSE:QBTC.U) Trading Up 0.6% – Still a Buy?

TSE:QBTC.U (TSE:QBTC.UGet Free Report)’s share price was up 0.6% during mid-day trading on Tuesday . The company traded as high as C$84.95 and last traded at C$83.99. Approximately 2,168 shares changed hands during trading, a decline of 15% from the average daily volume of 2,554 shares. The stock had previously closed at C$83.50.

TSE:QBTC.U Stock Up 0.6%

The firm’s fifty day simple moving average is C$91.40 and its 200 day simple moving average is C$102.03.

About TSE:QBTC.U

(Get Free Report)

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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