UVXY’s Estimated Next Reverse Split? April 18th, 2023
Since Proshares’ last UVXY reverse split on 26-May-2021, its decay rate has averaged around 12% per month. Historically ProShares has initiated reverse splits when UVXY has dropped below around $8. I’m estimating, based on historic data and market conditions that ProShares will reverse split UVXY 1:5 around April 18th. Some people seem to anticipate that there will be significant price moves in UVXY, motivated by a …
