Defiance Daily Target 2 X Short Mstr Etf (SMST) Stock Split History

Defiance Daily Target 2 X Short Mstr Etf has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on November 11, 2024 with the ratio of 1-for-5, meaning that for 5 shares of SMST owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on May 23, 2025 on a 1-for-20 basis.

These splits have increased SMST 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 Defiance Daily Target 2 X Short Mstr Etf's total market capitalization.

For more detailed information of Defiance Daily Target 2 X Short Mstr Etf's stock splits, view the table below:

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