Russell Microcap Index

Cyclo Therapeutics Announces Inclusion in the Russell 2000® Index

Retrieved on: 
Monday, June 14, 2021

Cyclo Therapeutics, Inc. (Nasdaq: CYTH) (Cyclo Therapeutics or the Company), a clinical stage biotechnology company dedicated to developing life-changing medicines through science and innovation for patients and families suffering from diseases, today announced that as part of the annual reconstitution of the Russell stock indexes, Cyclo Therapeutics has been selected to be added to the Russell 2000 Index effective June 25, 2021, after the close of the U.S. equity markets.

Key Points: 
  • Cyclo Therapeutics, Inc. (Nasdaq: CYTH) (Cyclo Therapeutics or the Company), a clinical stage biotechnology company dedicated to developing life-changing medicines through science and innovation for patients and families suffering from diseases, today announced that as part of the annual reconstitution of the Russell stock indexes, Cyclo Therapeutics has been selected to be added to the Russell 2000 Index effective June 25, 2021, after the close of the U.S. equity markets.
  • The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity market.
  • The Russell 2000 Index is a subset of the Russell 3000 Index representing approximately 10% of the total market capitalization of that index.
  • It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.

BioCardia to Be Added to the Russell Microcap® Index

Retrieved on: 
Monday, June 14, 2021

BioCardias inclusion in the Russell Microcap index will expand ownership to additional investors and should enhance liquidity, said Peter Altman, Ph.D., BioCardias Chief Executive Officer.

Key Points: 
  • BioCardias inclusion in the Russell Microcap index will expand ownership to additional investors and should enhance liquidity, said Peter Altman, Ph.D., BioCardias Chief Executive Officer.
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.
  • FTSE Russell determines membership for its Russell Indexes primarily by objective, market-capitalization rankings, and style attributes.
  • For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website.

Phunware Set to Join Russell Microcap® Index

Retrieved on: 
Monday, June 14, 2021

Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.

Key Points: 
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.
  • It is a pleasure to join the Russell Microcap Index, as it will help develop our equity profile across the broader investment community, said Alan S. Knitowski, President, CEO and Co-Founder of Phunware.
  • For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website .
  • A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants.

Clever Leaves to Join Russell Microcap Index in June 2021

Retrieved on: 
Monday, June 14, 2021

NEW YORK, June 14, 2021 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (Nasdaq: CLVR) (Clever Leaves or the Company), a multinational operator, or MNO, and licensed producer of pharmaceutical-grade cannabinoids, announced that it is set to join the Russell Microcap Index, effective at market open in the United States on June 28, 2021, upon the conclusion of the Russell indexes annual reconstitution.

Key Points: 
  • NEW YORK, June 14, 2021 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (Nasdaq: CLVR) (Clever Leaves or the Company), a multinational operator, or MNO, and licensed producer of pharmaceutical-grade cannabinoids, announced that it is set to join the Russell Microcap Index, effective at market open in the United States on June 28, 2021, upon the conclusion of the Russell indexes annual reconstitution.
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.
  • Joining the Russell Microcap Index marks an important milestone for Clever Leaves as we receive recognition from one of the most prominent index providers followed by investment managers across the globe, said Kyle Detwiler, CEO of Clever Leaves.
  • For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website .

Kubient Set to Join Russell Microcap® Index

Retrieved on: 
Friday, June 11, 2021

NEW YORK, June 11, 2021 /PRNewswire/ -- Kubient, Inc. (NasdaqCM: KBNT, KBNTW) ("Kubient" or the "Company"), a cloud-based software platform for digital advertising, is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.

Key Points: 
  • NEW YORK, June 11, 2021 /PRNewswire/ -- Kubient, Inc. (NasdaqCM: KBNT, KBNTW) ("Kubient" or the "Company"), a cloud-based software platform for digital advertising, is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.
  • "We are pleased to join the Russell Microcap Index, as it will help expand our equity profile across the broader investment community," said Kubient Founder, Chairman, CSO, and Interim CEO Paul Roberts.
  • For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website .

Ocuphire Announces Addition to the Russell Microcap® Index

Retrieved on: 
Friday, June 11, 2021

Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.

Key Points: 
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • Russell indexes are part of FTSE Russell, a leading global index provider.
  • For more information on the Russell Microcap Index and the Russell indexes reconstitution, please visit www.ftserussell.com .

Xcel Brands Set to Join Russell Microcap® Index

Retrieved on: 
Friday, June 11, 2021

NEW YORK, June 11, 2021 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (Xcel or the Company), a media and consumer products company, is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, according to a preliminary list of additions posted June 4.

Key Points: 
  • NEW YORK, June 11, 2021 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (Xcel or the Company), a media and consumer products company, is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, according to a preliminary list of additions posted June 4.
  • I look forward to our inclusion in the Russell Microcap Index and expanding Xcel Brands to a greater audience of investors.
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.
  • For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website.

MicroVision to be Added to Russell 2000 Index

Retrieved on: 
Thursday, June 10, 2021

Membership in the US all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.

Key Points: 
  • Membership in the US all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
  • We are extremely pleased that MicroVision is set to join the Russell 2000 Index, said Sumit Sharma, Chief Executive Officer of MicroVision.
  • For more information on the Russell 2000 Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website .

Tenax Therapeutics Set to Join Russell Microcap® Index

Retrieved on: 
Thursday, June 10, 2021

Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.

Key Points: 
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.
  • Our inclusion in the Russell Microcap Index comes at an exciting time for our company, as we expect to advance our two lead drug development programs (imatinib and levosimendan) towards Phase 3 clinical trials, said Anthony DiTonno, Chief Executive Officer of Tenax Therapeutics.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website .

Ideanomics Set to Join Russell 3000® Index

Retrieved on: 
Thursday, June 10, 2021

NEW YORK, June 10, 2021 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), driving the sustainability transformation with solutions that shape the future of e-mobility and fintech, today announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.

Key Points: 
  • NEW YORK, June 10, 2021 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), driving the sustainability transformation with solutions that shape the future of e-mobility and fintech, today announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.
  • Membership in the US all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
  • For more information on the Russell 3000 Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website .