Shares of iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) fell 1% during mid-day trading on Friday . The company traded as low as $39.10 and last traded at $39.37. 49,492,574 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 30,914,936 shares. The stock had previously closed at $39.78.
iShares Bitcoin Trust Trading Down 1.0 %
The stock has a fifty day simple moving average of $35.82 and a 200 day simple moving average of $36.05.
About iShares Bitcoin Trust
The Defiance Daily Short Digitizing the Economy ETF (IBIT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds that provides daily inverse (-1x) exposure to the Amplify Transformational Data Sharing ETF (BLOK). IBIT was launched on Sep 7, 2022 and is managed by Defiance.
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