Shares of iShares Bitcoin Trust (NYSEARCA:IBIT – Get Free Report) were down 6.6% during mid-day trading on Monday . The stock traded as low as $42.98 and last traded at $44.56. Approximately 25,405,357 shares changed hands during trading, a decline of 43% from the average daily volume of 44,312,152 shares. The stock had previously closed at $47.71.
iShares Bitcoin Trust Trading Down 7.2 %
The firm’s fifty day moving average is $51.18 and its 200-day moving average is $49.45.
iShares Bitcoin Trust Company Profile
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.
Recommended Stories
- Five stocks we like better than iShares Bitcoin Trust
- How to Use the MarketBeat Stock Screener
- Options Activity Points to More Volatility for Palantir Stock
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- NVIDIA Stock: Oversold, Undervalued — How Low Can It Go?
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- MicroStrategy Sees Insider Buy-Sell Action in Q1
Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.com's FREE daily email newsletter.
