Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) Stock Split History

Direxion Daily MSCI Brazil Bull 2X Shares has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on May 20, 2015 with the ratio of 1-for-10, meaning that for 10 shares of BRZU owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on April 23, 2020 on a 1-for-35 basis.

These splits have increased BRZU stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Direxion Daily MSCI Brazil Bull 2X Shares's total market capitalization.

For more detailed information of Direxion Daily MSCI Brazil Bull 2X Shares's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Direxion Daily MSCI Brazil Bull 2X Shares 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 BRZU stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Direxion Daily MSCI Brazil Bull 2X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.