Proshares Ultrashort Utilities 2 X Shares (SDP) Stock Split History

Proshares Ultrashort Utilities 2 X Shares has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on October 13, 2011 with the ratio of 1-for-3, meaning that for 3 shares of SDP owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on January 21, 2021 on a 1-for-2 basis.

These splits have increased SDP 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 Utilities 2 X Shares's total market capitalization.

For more detailed information of Proshares Ultrashort Utilities 2 X Shares's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Proshares Ultrashort Utilities 2 X Shares 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 SDP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Proshares Ultrashort Utilities 2 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.