Split History
8% "No Withdrawal" Portfolio »    RUSL Historical Stock Prices »
Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
Direxion Shares Exchange Traded Fund Trust - Direxion Daily Russia Bull 3X Shares is an open-end manament investment company. The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the Market Vectors Russia Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its net assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. As of Oct 31 2015, the Fund's total assets were $218,465,420 and the Fund's investments portfolio was valued at $159,010,802. According to our RUSL split history records, Direxion Shares ETF Trust - Direxion Daily Russia Bull 2X Shares has had 5 splits.
RUSL split history picture
Direxion Shares ETF Trust - Direxion Daily Russia Bull 2X Shares (RUSL) has 5 splits in our RUSL split history database. The first split for RUSL took place on November 10, 2011. This was a 1 for 3 reverse split, meaning for each 3 shares of RUSL owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 333.333333333333 share position following the split. RUSL's second split took place on December 23, 2014. This was a 1 for 6 reverse split, meaning for each 6 shares of RUSL owned pre-split, the shareholder now owned 1 share. For example, a 333.333333333333 share position pre-split, became a 55.5555555555556 share position following the split. RUSL's third split took place on March 24, 2016. This was a 1 for 4 reverse split, meaning for each 4 shares of RUSL owned pre-split, the shareholder now owned 1 share. For example, a 55.5555555555556 share position pre-split, became a 13.8888888888889 share position following the split. RUSL's 4th split took place on April 28, 2017. RUSL's 5th split took place on May 01, 2017. This was a 2 for 1 split, meaning for each share of RUSL owned pre-split, the shareholder now owned 2 shares. For example, a 13.8888888888889 share position pre-split, became a 27.7777777777778 share position following the split.

When a company such as Direxion Shares ETF Trust - Direxion Daily Russia Bull 2X Shares splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. When a company such as Direxion Shares ETF Trust - Direxion Daily Russia Bull 2X Shares 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 RUSL split history from start to finish, an original position size of 1000 shares would have turned into 27.7777777777778 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Direxion Shares ETF Trust - Direxion Daily Russia Bull 2X Shares shares, starting with a $10,000 purchase of RUSL, presented on a split-history-adjusted basis factoring in the complete RUSL split history. RUSL split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 05/25/2011
End date: 09/23/2020
Start price/share: $1,539.00
End price/share: $15.61
Starting shares: 6.50
Ending shares: 6.89
Dividends reinvested/share: $3.37
Total return: -98.92%
Average Annual Total Return: -38.44%
Starting investment: $10,000.00
Ending investment: $107.67
Years: 9.34
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 05/25/2011
End date: 09/23/2020
Start price/share: $1,539.00
End price/share: $15.61
Dividends collected/share: $3.37
Total return: -98.77%
Average Annual Total Return: -37.54%
Starting investment: $10,000.00
Ending investment: $123.30
Years: 9.34
Date Ratio
11/10/20111 for 3
12/23/20141 for 6
03/24/20161 for 4
04/28/20171 for 1
05/01/20172 for 1
RUSL is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

RUSS Split History
RVSB Split History
RVT Split History
RWJ Split History
RWK Split History
RWL Split History
RWM Split History
RWR Split History
RXD Split History
RXL Split History

Also explore: RUSL shares outstanding history

Rush Enterprises, Inc. (RUSHB)
Rush Enterprises, Inc. (RUSHA)
Silver Bull Resources, Inc. (SVB.CA)
Eagle Bulk Shipping Inc. (EGLE)
Biocept, Inc. (BIOC)
China Ceramics Co., Ltd. (CCCL)
Sunesis Pharmaceuticals, Inc. (SNSS)
Urban Tea Inc. (MYT)
Intrepid Potash Inc. (IPI)
Tesla, Inc. (TSLA)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

RUSL Split History | www.SplitHistory.com | Copyright © 2013 - 2020, All Rights Reserved

Nothing in www.SplitHistory.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.