Stock Split History
Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 stock split history picture
Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 (TECS) has 5 splits in our Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 stock split history database. The first split for TECS took place on April 02, 2013. This was a 1 for 5 reverse split, meaning for each 5 shares of TECS 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. TECS's second split took place on May 20, 2015. This was a 1 for 4 reverse split, meaning for each 4 shares of TECS owned pre-split, the shareholder now owned 1 share. For example, a 200 share position pre-split, became a 50 share position following the split. TECS's third split took place on March 29, 2018. This was a 1 for 5 reverse split, meaning for each 5 shares of TECS owned pre-split, the shareholder now owned 1 share. For example, a 50 share position pre-split, became a 10 share position following the split. TECS's 4th split took place on April 23, 2020. This was a 1 for 10 reverse split, meaning for each 10 shares of TECS owned pre-split, the shareholder now owned 1 share. For example, a 10 share position pre-split, became a 1 share position following the split. TECS's 5th split took place on October 25, 2021. This was a 1 for 10 reverse split, meaning for each 10 shares of TECS owned pre-split, the shareholder now owned 1 share. For example, a 1 share position pre-split, became a 0.1 share position following the split.

When a company such as Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 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 Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 stock split history from start to finish, an original position size of 1000 shares would have turned into 0.1 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 shares, starting with a $10,000 purchase of TECS, presented on a split-history-adjusted basis factoring in the complete Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 stock split history. Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 03/31/2014
End date: 03/27/2024
Start price/share: $38,140.00
End price/share: $7.64
Starting shares: 0.26
Ending shares: 0.28
Dividends reinvested/share: $39.10
Total return: -99.98%
Average Annual Total Return: -56.99%
Starting investment: $10,000.00
Ending investment: $2.17
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 03/31/2014
End date: 03/27/2024
Start price/share: $38,140.00
End price/share: $7.64
Dividends collected/share: $39.10
Total return: -99.88%
Average Annual Total Return: -48.86%
Starting investment: $10,000.00
Ending investment: $12.26
Years: 10.00
Direxion Shares Exchange Traded Fund Trust - Daily Technology Bear 3X Shares is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses that correspond to the Russel 1000® Technology Index. As of Oct 31 2015, the Fund's total assets were $23,345,706 and the Fund's investments portfolio was valued at $15,545,224. According to our Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 stock split history records, Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 has had 5 splits.
Date Ratio
04/02/20131 for 5
05/20/20151 for 4
03/29/20181 for 5
04/23/20201 for 10
10/25/20211 for 10
TECS is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

TFI Split History
TFS Split History
THFF Split History
THRD Split History
TIER Split History
TII Split History
TLL Split History
TLTD Split History
TMF Split History
TMK Split History

Email EnvelopeFree TECS Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

NRx Pharmaceuticals, Inc. (NRXP)
Tritium DCFC Limited (DCFC)
Pluri Inc. (PLUR)
Rent the Runway, Inc. (RENT)
Castor Maritime Inc. (CTRM)
ETAO International Co., Ltd. (ETAO)
Aterian, Inc. (ATER)
Chipotle Mexican Grill, Inc. (CMG)
Moleculin Biotech, Inc. (MBRX)
Longeveron Inc. (LGVN)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »
Funds Holding Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021

Direxion Shares ETF Trust - Daily Technology Bear 3X Shares Oct 2021 Stock Split History | www.StockSplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.StockSplitHistory.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.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.