share_log

3倍做空富时中国ETF-Direxion将于2024年11月4日除权除息,20股合为1股

Direxion Daily FTSE China Bear 3X Shares ETF To Carry Out 1-for-20 Reverse Stock Split On November 4th, 2024

Futu News ·  07:35

October 15th (Eastern Time) - $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ is about to implement a 1-for-20 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from November 4th, 2024.

$Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ rose 5.96% and closed at $3.38 on October 14th with a turnover of $272.67 million.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment