Proshares Ultrapro Midcap 400 3 X Shares (UMDD) Stock Split History

Proshares Ultrapro Midcap 400 3 X Shares has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on February 25, 2011 with the ratio of 2-for-1, meaning that for 1 share of UMDD owned pre-split, shareholders then owned 2 shares. 3 more splits have been implemented since then. The most recent stock split took place on May 25, 2021 on a 5-for-1 basis.

These splits have increased UMDD 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 Ultrapro Midcap 400 3 X Shares's total market capitalization.

For more detailed information of Proshares Ultrapro Midcap 400 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. Proshares Ultrapro Midcap 400 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 UMDD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Proshares Ultrapro Midcap 400 3 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.