ProShares Ultra Dow30 2x Shares (DDM) Stock Split History

ProShares Ultra Dow30 2x 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 Dow30 2x Shares's total market capitalization.

For more detailed information of ProShares Ultra Dow30 2x 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 Dow30 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 DDM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by ProShares Ultra Dow30 2x Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.