SPRU (Sprott Physical Uranium Trust) traded at discounts to NAV reaching 18% intraday and closing discounts of 12-15% during the August carry trade unwind, with current discount around 3%, presenting the type of arbitrage opportunity that occurs rarely in markets.
factualpending
Speaker
Steve BartonEvidence Quote
“the spra physical uranium trust has traded at some massive discounts when you were talking about that Yen carry trade unwinding and uh intraday I did I did the math and it got down to 18% but there was a couple of days where it closed uh 14 15 12 uh we're back up I think we're at a a 3% discount”
Created: 8/12/2026, 6:05:51 PM
My Notes
Loading notes...