Split History
| Home |
| Free Dividend Report |
| Stock Splits Calendar |
| SCO Stock Split History |
| Preferred Stock Newsletter |
| SCO Options Chain |
| SCO Message Board |
ProShares Ultrashort Bloomberg Crude Oil (SCO) has 4 splits in our SCO split history database. The first split for SCO took place on February 25, 2011. This was a 1 for 5 reverse split, meaning for each 5 shares of SCO owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 200 share position following the split. SCO's second split took place on January 12, 2017. This was a 2 for 1 split, meaning for each share of SCO owned pre-split, the shareholder now owned 2 shares. For example, a 200 share position pre-split, became a 400 share position following the split. SCO's third split took place on May 26, 2021. This was a 1 for 4 reverse split, meaning for each 4 shares of SCO owned pre-split, the shareholder now owned 1 share. For example, a 400 share position pre-split, became a 100 share position following the split. SCO's 4th split took place on May 26, 2022. This was a 1 for 5 reverse split, meaning for each 5 shares of SCO owned pre-split, the shareholder now owned 1 share. For example, a 100 share position pre-split, became a 20 share position following the split.
When a company such as ProShares Ultrashort Bloomberg Crude Oil splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. When a company such as ProShares Ultrashort Bloomberg Crude Oil conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the SCO split history from start to finish, an original position size of 1000 shares would have turned into 20 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ProShares Ultrashort Bloomberg Crude Oil shares, starting with a $10,000 purchase of SCO, presented on a split-history-adjusted basis factoring in the complete SCO split history.
|
Growth of $10,000.00 Without Dividends Reinvested |
||
| Start date: | 04/22/2014 | |
| End date: | 04/17/2024 | |
| Start price/share: | $276.20 | |
| End price/share: | $15.70 | |
| Dividends collected/share: | $0.00 | |
| Total return: | -94.32% | |
| Average Annual Total Return: | -24.94% | |
| Starting investment: | $10,000.00 | |
| Ending investment: | $568.55 | |
| Years: | 9.99 | |
 |
| About ProShares Ultrashort Bloomberg Crude Oil |
| ProShares Trust II is a Delaware statutory trust. Co. is organized into separate series (each, a Fund and collectively, the Funds). ProShare Capital Management LLC, serves as Co.'s Sponsor, commodity pool operator and commodity trading advisor. Each of the Funds generally invests or will invest in Financial Instruments (instruments whose value is derived from the value of an underlying asset, rate or index, including futures contracts, swap agreements, forward contracts and other instruments) as a substitute for investing directly in commodities, currencies or spot volatility products. According to our SCO split history records, ProShares Ultrashort Bloomberg Crude Oil has had 4 splits. |
| SCO Split History Table | |
| Date | Ratio |
| 02/25/2011 | 1 for 5 |
| 01/12/2017 | 2 for 1 |
| 05/26/2021 | 1 for 4 |
| 05/26/2022 | 1 for 5 |
| Financials Stock Splits |
| SCO is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
SDD Split History
|
Free SCO Email Alerts:
SCO Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved
Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.