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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, Jan. 16, 2018\n\n\n\nNEW YORK, Jan. 16, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the fourth quarter 2017 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index. \n\nThe OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was up 1.5% in the fourth quarter.  Thirty-four companies were added to the index, including Bon-Ton Stores, Inc. (The) (OTCQX: BONT),  H2O Innovation Inc. (OTCQX: HEOFF), Liberty Health Sciences Inc. (OTCQX: LHSIF), Novume Solutions, Inc. (OTCQX: NVMM), Overstock.com, Inc. (OTCQX: OSTBP).  Thirty-nine companies were removed from the index, including Aytu BioScience, Inc. (AYTU) which graduated to NASDAQ on 10/20/17, Loop Industries, Inc. (OTCQX: LOOP) which graduated to NASDAQ on 11/20/2017, FTE Networks, Inc. (OTCQX: FTNW) which graduated to NYSE MKT on 12/14/2017 and CohBar Inc. (OTCQX: CWBR) which graduated to NASDAQ on 12/15/2017.  \n\nThe OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies, was up 1.2% for the quarter.  Two companies were added to the index, including Anglo American plc (OTCQX: NGLOY), and 7 companies were removed.\n\nThe OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, rose 1.1% in the quarter.  Eleven companies were added to the index and 19 companies were removed.\n\nThe OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, increased 7.3% in the quarter.  Ten companies were added to the index in the quarter and 12 companies were removed. The ten banks added were: Community Capital Bancshares, Inc. (OTCQX: ALBY), Californi...