“Yuma Energy announces 1:15 reverse stock split”
June 27, 2019
“Yuma Energy’s (NYSEMKT:YUMA) announced one-for-fifteen reverse stock split of its issued and outstanding shares of common stock, effective at 12:01 a.m. Eastern Time on July 3, 2019, and will begin trading on a split-adjusted basis when the market opens on that date.
This will reduce the number of outstanding common shares from ~23.2 million to ~1.5 million shares.
Shares will trade under the following new CUSIP number starting July 3, 2019: 98872F 204…”
https://seekingalpha.com/news/3473081-yuma-energy-announces-1-15-reverse-stock-split
Let me translate this article for you. The way I read this is “Sell your stock in Yuma Energy some time before July 3. Make no mistake more than likely this stock is going to lose value after the reverse stock split.