Post by
bubbleworld on Aug 24, 2015 1:29pm
2:1 Split
Hi everyone, Horizons recently announced some Splits and Consolidations here:
https://www.horizonsetfs.com/pdf/PressReleases/20150807_Consolidations.pdf
It includes a 2:1 Split for HVI.
I am confused by today's quotes where it's around $25.
Before the recent global risk-off move, it was bouncing around the $30's.
On Friday, because of the risk off environment, it came down to $28 and change.
Without a split I would not be shocked to see it at $25 today, but with a split I would expect like $12.50
Can anyone clear my confusion please? I was not in it at the time so I didn't see if the split occured or got cancelled or whatever.
Comment by
SAGE1 on Aug 24, 2015 4:10pm
Very screwed up HVU @ $63?
Comment by
mdaffin on Aug 24, 2015 6:05pm
Consolidation of 10 to 1. So Friday close of 4.72 and todays close 6.45 (if you bought Thursday at $ 3, you would be double, not up by a factor of 20 - I am already retching at not holding HVU last week).