Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI) Stock Split History

Credit Suisse X-Links Gold Shares Covered Call ETN has split its stock once since its initial public offering (IPO). The stock split of Credit Suisse X-Links Gold Shares Covered Call ETN occurred on September 27, 2022 on a 1-for-20 basis, meaning that for 20 shares of GLDI 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 Credit Suisse X-Links Gold Shares Covered Call ETN's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Credit Suisse X-Links Gold Shares Covered Call ETN 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 GLDI stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Credit Suisse X-Links Gold Shares Covered Call ETN's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.