Listing Alert
MIAX Pearl
February 05, 2021 | 01:41 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: AdvisorShares Ranger Equity Bear ETF (HDGE)
AdvisorShares Ranger Equity Bear ETF (HDGE) has announced a reverse split effective for Monday, February 8, 2021. On that date, the current HDGE option class will change to HDGE1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list HDGE1 options. Therefore, no options on HDGE will be available for trading on Monday, February 8, 2021.
AdvisorShares Ranger Equity Bear ETF (HDGE) will resume trading on the the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Tuesday, February 9, 2021.
All GTC orders resting on the MIAX order books in HDGE will be canceled at the close of business on Friday, February 5, 2021.
Additional details about the AdvisorShares Ranger Equity Bear ETF (HDGE) distribution are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.