ProShares VIXY ETF Declares 1-for-4 Reverse Split, Reducing Share Count and Modifying Price

ProShares VIX Short-Term Futures ETF (VIXY) has announced a 1-for-4 reverse stock split, which will reduce the number of outstanding shares and adjust the share price accordingly. Following this split, four existing VIXY shares will be consolidated into one, meaning each current share will now equal 0.25 of a new share. This adjustment typically raises the price per share while keeping the ETF's overall market value unchanged. Reverse stock splits like this are often implemented to keep a fund’s share price above a certain threshold, making it more attractive to institutional investors and ensuring compliance with exchange listing standards. Although the split does not affect the ETF’s intrinsic value, it could influence investors' perception of the fund’s performance and may impact the trading of smaller share amounts. VIXY shareholders should be aware of this change, as it could affect both the share price and liquidity.

more sites to follow:

Rumble the YouTube alternative: https://rumble.com/user/phillyyardyvibes
website.
http://phillyyardyvibes.com
/ phillyyardyvibes
TikTok: http://tiktok.com/phillyyardyvibes
X. / phillyyardyvibe

Hey, come and join me on moomoo! Moomoo provides easier access to pro-grade investment analytics and is used by over 22 million people globally! Sign up via my referral link now and claim 8.1% APY and up to 15 free stocks! https://j.moomoo.com/01pCip
------