On a corporate action affecting shares of exchange-traded investment funds ProShares UltraPro Short QQQ (SQQQ), ProShares Ultra Bloomberg Natural Gas (BOIL) and ProShares Short S&P500 (SH)
On October 28, 2024, ProShares Trust announced reverse share splits to be effective after the close of the markets on November 6, 2024 for the ETFs listed below:
|
Identification Code |
Fund Name |
Forward Split Ratio |
|
ProShares UltraPro Short QQQ |
1:5 | |
|
ProShares Ultra Bloomberg Natural Gas |
1:5 | |
|
ProShares Short S&P500 |
1:4 |
Trading is expected to begin on a stock split-adjusted basis on November 7, 2024. For more details, please, refer to the company’s website.
ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.