ProShares VIX Short-Term Futures ETF (VIXY) Stock Split History

ProShares VIX Short-Term Futures ETF has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on June 10, 2013 with the ratio of 1-for-5, meaning that for 5 shares of VIXY owned pre-split, shareholders then owned 1 share. 4 more splits have been implemented since then. The most recent stock split took place on June 23, 2023 on a 1-for-5 basis.

These splits have increased VIXY 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 VIX Short-Term Futures ETF's total market capitalization.

For more detailed information of ProShares VIX Short-Term Futures ETF's stock splits, view the table below:

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