Graniteshares 2 X Long Amzn Daily Etf (AMZZ) Stock Split History

Graniteshares 2 X Long Amzn Daily Etf has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 28, 2013 with the ratio of 175-for-1, meaning that for 1 share of AMZZ owned pre-split, shareholders then owned 175 shares. The most recent stock split took place on January 29, 2016 on a 1-for-500 basis.

These actions have increased AMZZ stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Graniteshares 2 X Long Amzn Daily Etf's total market capitalization.

For more detailed information of Graniteshares 2 X Long Amzn Daily Etf's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Graniteshares 2 X Long Amzn Daily Etf has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when AMZZ stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Graniteshares 2 X Long Amzn Daily Etf's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.