Microsectors U S Big Banks 3 Inverse Leveraged Etns (BNKD) Stock Split History

Microsectors U S Big Banks 3 Inverse Leveraged Etns has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on March 29, 2021 with the ratio of 1-for-10, meaning that for 10 shares of BNKD owned pre-split, shareholders then owned 1 share. The most recent stock split took place on April 29, 2024 on a 1-for-5 basis.

These actions have increased BNKD 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 Microsectors U S Big Banks 3 Inverse Leveraged Etns's total market capitalization.

For more detailed information of Microsectors U S Big Banks 3 Inverse Leveraged Etns's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Microsectors U S Big Banks 3 Inverse Leveraged Etns 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 BNKD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Microsectors U S Big Banks 3 Inverse Leveraged Etns's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.