ProShares UltraShort Dow 30-2X Shares (DXD) Stock Split History

ProShares UltraShort Dow 30-2X Shares has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on May 11, 2012 with the ratio of 1-for-4, meaning that for 4 shares of DXD owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on January 13, 2022 on a 1-for-5 basis.

These splits have increased DXD 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 ProShares UltraShort Dow 30-2X Shares's total market capitalization.

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

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