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Direxion Daily CSI China Internet Index Bull 2X Shares (CWEB) Stock Split History

Direxion Daily CSI China Internet Index Bull 2X Shares has split its stock once since its initial public offering (IPO). The stock split of Direxion Daily CSI China Internet Index Bull 2X Shares occurred on May 31, 2022 on a 1-for-10 basis, meaning that for 10 shares of CWEB owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Direxion Daily CSI China Internet Index Bull 2X Shares's total market capitalization.

CWEB stock split list

Date Split Ratio
2022-05-31 1 - for - 10

Will Direxion Daily CSI China Internet Index Bull 2X Shares Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
VTI 2008-06-18 2 - for - 1
QQQ 2000-03-20 2 - for - 1
IJH 2024-02-22 5 - for - 1
VWO 2008-06-18 2 - for - 1
IJR 2017-01-19 2 - for - 1
IWM 2005-06-09 2 - for - 1
IAU 2021-05-24 1 - for - 2
exchange_traded_fund VTV
$163.65
price up icon 0.27%
exchange_traded_fund VUG
$350.63
price up icon 0.09%
exchange_traded_fund IJH
$60.31
price up icon 0.08%
exchange_traded_fund EFA
$81.64
price up icon 0.34%
exchange_traded_fund IWF
$342.87
price down icon 0.02%
exchange_traded_fund QQQ
$451.76
price down icon 0.05%
Cap:     |  Volume (24h):