ProShares to reverse split UltraShort Silver ETF 1-for-10 effective Feb. 26, 2026
ProShares Trust II disclosed that its ProShares UltraShort Silver fund (NYSE Arca ticker ZSL) will execute a 1-for-10 reverse share split, effective before market open on February 26, 2026. The filing says the split will not change the value of a shareholder's investment, though it raises the price per share tenfold and proportionately reduces shares outstanding. Shareholders holding amounts that are not multiples of 10 will have fractional shares redeemed for cash, which may be a taxable event.
Key points
- Split ratio is 1-for-10, effective before market open on February 26, 2026; ticker symbol ZSL is unchanged
- Fund will receive new CUSIP number 74347Y672; old CUSIP was 74347Y722
- Fractional shares will be redeemed for cash and sent to the shareholder's broker of record
- The February 11, 2026 press release also announced a 1-for-10 reverse split for ProShares Ultra CRCL (ticker CRCA)
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.