Direxion to Reverse Split 8 ETFs, Forward Split Two Others
February 24, 2016 at 09:00 AM EST
Direxion, the second-largest issuer of inverse and leveraged exchange traded funds, said Monday it will reverse split eight of its leveraged ETFs. The issuer added that it plans to forward split two of its other geared ETFs. In a statement out Monday, Direxion said it will reverse split the...