Flexshares Ultra Short Income Fund (RAVI) Stock Split History

Flexshares Ultra Short Income Fund has split its stock once since its initial public offering (IPO). The stock split of Flexshares Ultra Short Income Fund occurred on October 09, 2007 on a 1-for-4000 basis, meaning that for 4000 shares of RAVI 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 Flexshares Ultra Short Income Fund's total market capitalization.

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