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OTC Markets Group Announces Quarterly Index Performance and Rebalancing
OTC Markets Group Announces Quarterly Index Performance and Rebalancing.
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[{"type":"text","content":"\n\n\n\nOTC Markets Group Announces Quarterly Index Performance and Rebalancing\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nOTC Markets Group Announces Quarterly Index Performance and Rebalancing\nPR Newswire\nNEW YORK, April 17, 2019\n\n\n\nNEW YORK, April 17, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the first quarter 2019 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index. \nThe OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was up 11.2% in the first quarter. Thirty-six new companies were added to the index, including: Acreage Holdings Inc. (OTCQX: ACRGF), Constantine Metal Resources Ltd. (OTCQX: CNSNF), Curaleaf Hldgs Inc. (OTCQX: CURLF), Intrinsyc Technologies Corp. (OTCQX: ISYRF), Maverix Metals Inc. (OTCQX: MACIF), and True Leaf Medicine International Ltd (OTCQX: TRLFF). Twenty-four were removed from the index, including: Village Farms International (VFF), which graduated to NASDAQ on 2/21/19, Cortland Bancorp (CLDB), which graduated to NASDAQ on 3/8/2019, and Carter Bank & Trust (CARE), which graduated to NASDAQ on 3/25/19.\nThe OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies, was up 11% for the quarter.  Eight new companies were added to the index, including Cannex Capital Holdings Inc. (OTCQX: CNXXF) and Grayscale Bitcoin Trust (OTCQX: GBTC).  Five companies were removed.\nThe OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, was up 10.7% in the quarter. Twenty new companies were added to the index and 7 companies were removed.\nThe OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, increased 7.3% in the first quarter.  Eight companies were added to the index in the quarter and 10 companies were removed. The eight banks added were: Blackhawk Bancorp, Inc. (OTCQX: BHW...