New Commerce Split Fund (TSE:YCM) Shares Down 3.6% – Should You Sell?

New Commerce Split Fund (TSE:YCMGet Free Report)’s share price was down 3.6% on Tuesday . The stock traded as low as C$4.82 and last traded at C$4.82. Approximately 300 shares were traded during trading, a decline of 84% from the average daily volume of 1,891 shares. The stock had previously closed at C$5.00.

New Commerce Split Fund Stock Up 2.1 %

The stock has a market cap of C$4.41 million and a price-to-earnings ratio of 3.46. The stock’s fifty day moving average is C$4.88 and its 200-day moving average is C$3.74.

About New Commerce Split Fund

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New Commerce Split Fund is an equity mutual fund launched and managed by Quadravest Capital Management Inc The fund invests in the equity shares of Canadian Imperial Bank of Commerce. It was formerly known as Commerce Split Fund. New Commerce Split Fund was launched on November 27, 2006 and is domiciled in Canada.

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