Cadence Bancorporation (NYSE:CADE) has said that it has been included in the Russell 2000 Index
and Russell 3000 Index as part of the Russell indexes annual reconstitution.
Energy company Gastar Exploration Inc (NYSE MKT:GST) disclosed on Monday that it is now a member of The Russell 2000 Index
that was reconstituted effective at market close on 23 June 2017.
The Russell 2000 Index
includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.
The largest 1,000 companies in the ranking comprise the Russell 1000[R] Index, while the remaining 2,000 companies become the widely used Russell 2000 Index
We expect our addition to the Russell 2000 Index
will increase our visibility within the investment community and enhance shareholder value.
Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, has said that it has been added to the Russell 2000 Index
as part of the annual reconstitution of the Russell US Indexes, effective June 23, 2017.
First Foundation Inc (NASDAQ:FFWM) on Wednesday declared that it is set to join the Russell 2000 Index
Gene therapy company Fibrocell Science (NasdaqCM:FCSC) declared on Monday its addition to the Russell 2000 Index
under Russell Investments' annual reconstitution that took place after the market closed on 26 June 2015.
Microcap stocks reportedly make up less than 3% of the US equity market (by market cap) and consist of the smallest 1,000 securities in the small-cap Russell 2000 Index
, plus the next smallest eligible securities by market cap.
Waldis, president and CEO of Synchronoss Technologies stated, "We are very pleased to have been selected to join the Russell 2000 Index
TeleCommunication Systems Inc (TCS)(Nasdaq:TSYS), a provider of mobile communication technology, announced on Tuesday that the company was added to the US small-cap Russell 2000 Index
after the equity markets closed on 28 June 2013.
Osiris was also added to the Russell 2000 Index
and the Russell Microcap Index.