Canso Credit Income Fund (TSE:PBY.UN) Stock Crosses Above 50 Day Moving Average of $13.63

Canso Credit Income Fund (TSE:PBY.UN) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $13.63 and traded as high as $14.01. Canso Credit Income Fund shares last traded at $14.00, with a volume of 980 shares changing hands.

The stock has a 50-day moving average of C$13.64 and a 200 day moving average of C$12.01.

About Canso Credit Income Fund (TSE:PBY.UN)

Canso Credit Trust – Canso Credit Income Fund is a closed ended fixed income mutual fund launched by Lysander Funds Limited. The fund is managed by Canso Investment Counsel Ltd. It invests in the fixed income markets of Canada. The fund primarily invests in corporate bonds. It employs fundamental analysis with bottom-up and deep value approach to create its portfolio.

Further Reading: Resistance Level

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