Proshares Ultrashort Consumer Discretionary (SCC) Stock Split History

Proshares Ultrashort Consumer Discretionary has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on May 11, 2012 with the ratio of 1-for-4, meaning that for 4 shares of SCC owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on May 27, 2022 on a 1-for-2 basis.

These splits have increased SCC stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Proshares Ultrashort Consumer Discretionary's total market capitalization.

For more detailed information of Proshares Ultrashort Consumer Discretionary's stock splits, view the table below:

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