YPF executes 10-for-1 stock split effective August 4

YPF Sociedad Anónima carries out a 10-for-1 stock split on August 4, 2026. Every existing share becomes ten shares, and the share price adjusts proportionally downward. Total position value is unchanged — holders simply own more shares at a lower per-share price.

For the short side, borrowed positions split on the same terms. Short sellers end up owing ten shares for every one previously borrowed, at one-tenth the price. With short interest sitting at 2.7% of free float and cost to borrow at under 0.5%, the lending market is loose — availability is ample and the mechanics of adjusting borrowed positions around the effective date are unlikely to create stress.