AdvisorShares Announces Reverse Split For MSOS Daily Leveraged ETF, What Investors Need To Know
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 18 2024
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Source: Benzinga
Reverse Split Announcement: AdvisorShares will implement a 1-for-20 reverse split for its MSOS Daily Leveraged ETF (MSOX) on November 26, 2024, consolidating shares and increasing the share price proportionally without affecting the overall investment value.
Impact and Considerations: The reverse split aims to enhance liquidity and attract institutional trading; however, investors may face tax implications from fractional shares being redeemed for cash.
Analyst Views on MSOX
Wall Street analysts forecast MSOX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MSOX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 4.020
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
