ProShares will implement reverse stock splits for select funds on November 7, 2023.

ProShares is implementing reverse stock splits for several of its funds on November 7. The ProShares Short Financials and ProShares UltraShort Financials will have a 1-4 split, while the ProShares Short Bitcoin ETF will undergo a 1-5 split. Adjustments will occur after the market closes on November 6. These funds target inverse daily performance of their respective indices, including the Dow Jones U.S. Financials and Bitcoin futures.

November 05, 2024
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