ProShares Announces Reverse Share Split for UltraShort Silver ETF

Summary

On February 11, 2026, ProShares Trust II announced a 1-for-10 reverse share split for the ProShares UltraShort Silver ETF (ZSL). The split will be effective prior to the market open on February 26, 2026. This action will increase the price per share of the ETF, with a proportionate decrease in the number of shares outstanding. Shareholders holding fractional shares post-split will have them redeemed for cash. This move is intended to maintain the ETF's market value while aligning with market standards.