Ag Mortgage Investment Trust Inc (MITT) Stock Split History

Ag Mortgage Investment Trust Inc has split its stock once since its initial public offering (IPO). The stock split of Ag Mortgage Investment Trust Inc occurred on July 23, 2021 on a 1-for-3 basis, meaning that for 3 shares of MITT 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 Ag Mortgage Investment Trust Inc's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Ag Mortgage Investment Trust Inc 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 MITT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Ag Mortgage Investment Trust Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.