GAZ 100% above NAV

Discussion in 'ETFs' started by Gueco, Mar 5, 2012.

  1. Gueco


    Is this a good shorting opportunity ?
  2. it's not shortable through IB or prop firms.

    have to be careful even if you find shares to short though. it's a closed end fund, which means they don't issue new shares if it gets out of whack with its underlying instrument. it's been way above NAV for almost a month now.
  3. Gueco


    I managed to get a few shares. Sometimes they are available.