AXS 1.25X NVDA Bear Daily ETF (NVDS) Stock Split History

AXS 1.25X NVDA Bear Daily ETF has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 15, 2023 with the ratio of 1-for-5, meaning that for 5 shares of NVDS owned pre-split, shareholders then owned 1 share. The most recent stock split took place on April 03, 2024 on a 1-for-5 basis.

These actions have increased NVDS 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 AXS 1.25X NVDA Bear Daily ETF's total market capitalization.

For more detailed information of AXS 1.25X NVDA Bear Daily ETF's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. AXS 1.25X NVDA Bear Daily ETF 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 NVDS stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by AXS 1.25X NVDA Bear Daily ETF's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.