OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

After the close today JNUG and NUGT split-also DUST–but not 25 to one

Posted by Richard640 @ 5:40 on April 22, 2020  

NEW YORKApril 8, 2020 /PRNewswire/ — Direxion has announced it will execute a reverse split of the issued and outstanding shares of twelve ETFs (each, a “Fund” and collectively, the “Funds”).

Direxion Daily Junior Gold Miners Index Bull 3X Shares—JNUG
1 for 10

The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.

After the close of the markets on April 22, 2020, each Fund will affect reverse splits of its issued and outstanding shares as follows

Direxion Daily Gold Miners Index Bull 3X Shares—NUGT
1 for 5
 

 

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.