Defense Technologies International Corp (DTII)

[Poco Parvenu]

Yes, the share number held goes down during a reverse split, but value increases and your holding value will remain the same on the day of the split. The $110 value listed in historical data for 4/09/2019, is adjusted for past splits; both splits in the case of DTII.

For a specific example of a reverse stock split, let's say you owned $10,000 in XYZ Company stock and the share price is $10 per share, meaning that you own 1,000 shares. If XYZ Company announced a 1:2 reverse stock split, you'd end up with 500 shares, each worth $20. You would still own $10,000 worth of shares.