Microsectors Oil Gas Exploration Production 3 X Inverse Leveraged (OILD) Stock Split History

Microsectors Oil Gas Exploration Production 3 X Inverse Leveraged has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on March 20, 2018 with the ratio of 1-for-4, meaning that for 4 shares of OILD owned pre-split, shareholders then owned 1 share. The most recent stock split took place on December 02, 2022 on a 1-for-10 basis.

These actions have increased OILD 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 Microsectors Oil Gas Exploration Production 3 X Inverse Leveraged's total market capitalization.

For more detailed information of Microsectors Oil Gas Exploration Production 3 X Inverse Leveraged's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Microsectors Oil Gas Exploration Production 3 X Inverse Leveraged 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 OILD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Microsectors Oil Gas Exploration Production 3 X Inverse Leveraged's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.