Proshares Ultrashort Financials 2 X Shares (SKF) Stock Split History

Proshares Ultrashort Financials 2 X Shares has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on February 25, 2011 with the ratio of 1-for-4, meaning that for 4 shares of SKF owned pre-split, shareholders then owned 1 share. 4 more splits have been implemented since then. The most recent stock split took place on November 07, 2024 on a 1-for-4 basis.

These splits have increased SKF 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 Financials 2 X Shares's total market capitalization.

For more detailed information of Proshares Ultrashort Financials 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 Financials 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 SKF stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Proshares Ultrashort Financials 2 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.