Proshares Short Midcap 400 1 X Shares (MYY) Stock Split History

Proshares Short Midcap 400 1 X Shares has split its stock once since its initial public offering (IPO). The stock split of Proshares Short Midcap 400 1 X Shares occurred on May 24, 2018 on a 1-for-4 basis, meaning that for 4 shares of MYY owned pre-split, shareholders then owned 1 share.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Proshares Short Midcap 400 1 X Shares's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Proshares Short Midcap 400 1 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 MYY stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Proshares Short Midcap 400 1 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.