RF Industries added to the Russell Microcap® Index
RF Industries added to the Russell Microcap® Index |
[25-June-2018] |
SAN DIEGO, June 25, 2018 /PRNewswire/ -- RF INDUSTRIES, LTD, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, announced today that it was added as a member of the Russell Microcap® Index, effective after the US market opens on June 25, as part of the 2018 Russell indexes 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. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. "We are pleased that RF Industries has been selected for inclusion in the Russell Microcap® Index. We believe inclusion in this index will contribute to additional investor awareness and will provide us a platform to communicate our core values and strategies for long-term growth," stated Robert Dawson, President and CEO of RF Industries. Russell US Indexes are widely used by investment managers and institutional investors as the basis for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell US Indexes. Russell US Indexes are part of FTSE Russell, a leading global index provider. For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website. About RF Industries Forward-Looking Statements
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Company Codes: NASDAQ-NMS:RFIL |
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