Volatility kicked up quite a bit in 2014 and 2015 so it took a record 34 months before barclays reverse split this product again The approximate decay per month slowed down to “only” around 3.5% per. The reverse stock split will become effective before the market open on july 24, 2024. The nature of a reverse split is to raise the price of a stock and reduce the shares outstanding If you owned 100 shares of vxx at $10 before the split, then you would own 25 shares at $40 after the split Notice how both before and after the value of your position was $1,000
Splits don’t change the value of your position.
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