OTC Markets Group Announces Quarterly Index Performance and Rebalancing
On Tuesday, the OTC Markets Group announced quarterly index performance and rebalancing.
April 18th marks the first quarter 2017 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index. All of the indecies except for the OTCQB Venture Index were up in the first quarter of 2017.
The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX companies, rose 6.1% in the first quarter. Eleven companies were added to the index and 10 companies were removed.
The OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX companies, was up 2.0% in the first quarter. Twenty-two companies were added to the index and 10 companies were removed.
The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was down 2.6% in the first quarter. One hundred thirty-seven companies were added to the index and 82 companies were removed, including Akoustis Technologies, Inc., Cachet Financial Solutions, Inc., Lilis Energy, Inc., Meridian Waste Solutions, Inc., Neurotrope, Inc., Sigma Labs, Inc. and Valeritas Holdings, Inc., which all graduated to Nasdaq during the quarter, and Auxilio, Inc., Matinas Biopharma Holdings, Inc. and Takung Art Co., Ltd., which graduated to NYSE MKT.
Learn more HERE.