Direxion Daily Energy Bear 2 X Shares (ERY) Stock Split History

Direxion Daily Energy Bear 2 X Shares has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on July 08, 2010 with the ratio of 1-for-5, meaning that for 5 shares of ERY owned pre-split, shareholders then owned 1 share. 4 more splits have been implemented since then. The most recent stock split took place on May 31, 2022 on a 1-for-10 basis.

These splits have increased ERY 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 Energy Bear 2 X Shares's total market capitalization.

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