SplitJun 17, 2026, 05:26 PM
VS Trust's 2x Long VIX Futures ETF (UVIX) Announces 1-for-20 Reverse Split
AI Summary
VS Trust announced a 1-for-20 reverse share split for its 2x Long VIX Futures ETF (UVIX), effective at market open on July 1, 2026. This action will increase the net asset value per share and proportionately decrease the number of shares outstanding, without altering the total value of a shareholder's investment. The Fund will retain its UVIX ticker but will be issued a new CUSIP number. Shareholders holding quantities not an exact multiple of 20 will have fractional shares redeemed for cash, which could result in a taxable event.
Key Highlights
- VS Trust's 2x Long VIX Futures ETF (UVIX) will execute a 1-for-20 reverse share split.
- The reverse split will be effective at market open on July 1, 2026.
- The Fund's ticker symbol (UVIX) will not change.
- A new CUSIP number, 92891H705, will be issued for the Fund.
- The split will increase net asset value per share and decrease shares outstanding proportionately.
- Fractional shares will be redeemed for cash, which may be a taxable event for shareholders.
Price Impact
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