Vol on FAS

Discussion in 'ETFs' started by Quickless, Dec 7, 2011.

  1. On Nov. 10th the FAS did a 1-5 stock split. What is interesting to me is that at least via Yahoo http://finance.yahoo.com/q/hp?s=FAS+Historical+Prices volume remained the same or increased. I would have expected it to fall by a substantial amount. Any insight into this would be appreciated.
  2. Lots of times it takes sites a while to calculate the split-adjusted numbers. when I was working there it was part of my job to reach out to places like Yahoo & Google and make sure they stayed on top of this stuff...

    You get what you pay for. Bloomberg & Reuters are spot-on.

    Give it a few days.
  3. I actually think the volume being reported on Yahoo is correct. What I am puzzled by is that with a reverse 1-5 split - stock went from $10 to $50 - since shares are 5x higher in price - you would anticipate that volume would decline by 5x. This is not the case.