Proshares Ultra Dow 30 2 X Shares (DDM) Stock Split History

Proshares Ultra Dow 30 2 X Shares has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 20, 2015 with the ratio of 2-for-1, meaning that for 1 share of DDM owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on May 24, 2018 on a 3-for-1 basis.

These actions have increased DDM 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 Proshares Ultra Dow 30 2 X Shares's total market capitalization.

For more detailed information of Proshares Ultra Dow 30 2 X Shares's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Proshares Ultra Dow 30 2 X 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 DDM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Proshares Ultra Dow 30 2 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.