Direxion Daily Retail Bull 3 X Shares (RETL) Stock Split History

Direxion Daily Retail Bull 3 X Shares has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on April 02, 2013 with the ratio of 3-for-1, meaning that for 1 share of RETL owned pre-split, shareholders then owned 3 shares. 4 more splits have been implemented since then. The most recent stock split took place on October 25, 2021 on a 5-for-1 basis.

These splits have increased RETL 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 Direxion Daily Retail Bull 3 X Shares's total market capitalization.

For more detailed information of Direxion Daily Retail Bull 3 X Shares's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Direxion Daily Retail Bull 3 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 RETL stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Direxion Daily Retail Bull 3 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.