NEW 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.
The 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.
The 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.
The 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.
The 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), California First National Bancorp
(OTCQX: CFNB), First Choice Bancorp (OTCQX: FCBP), First Farmers
Financial Corp (OTCQX: FFMR), InsCorp, Inc. (OTCQX: IBTN), Peoples
Financial Corp. (OTCQX: PFBX), Calvin B. Taylor Bankshares, Inc.
(OTCQX: TYCB), Valley Republic Bancorp (OTCQX: VLLX), Wayne Savings
Bancshares, Inc. (OTCQX: WAYN), Westbury Bancorp, Inc. (OTCQX:
WBBW).
The OTCQX International Index (.OTCQXINT), a benchmark for
international OTCQX companies, was up 1.3% for the quarter.
Sixteen companies were added to the index and 19 companies
were removed.
The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX
companies, rose 13.4% in the fourth quarter. Fourteen
companies were added to the index and 9 companies were removed.
The OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX
companies, was up 25.3% in the fourth quarter. Sixteen
companies were added to the index and 25 companies were
removed.
The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB
Venture Market, was up 8.2% in the fourth quarter. One
hundred forty-four companies were added to the index and 88
companies were removed.
The OTCM QX ADR 30 Index (.OTCQX30), powered by BNY Mellon DR
IndicesSM and comprised of the 30 largest, most
actively-traded OTCQX American Depositary Receipts, was up 1.0% in
the fourth quarter. Two companies were added to the index and
2 companies were removed.
The OTCM ADR Index (.OTCDR), powered by BNY Mellon DR Indices
and comprised of ADRs traded on the OTCQX, OTCQB and Pink® markets,
rose 4.3% in the quarter. Seven companies were added to the
index and 2 companies were removed.
For a list of all index additions and deletions, visit
http://www.otcmarkets.com/content/doc/Quarterly_Index_Constituent_Changes.pdf
All indexes are market capitalization-weighted and adjusted on a
quarterly basis for additions and share changes over 5% during the
months of March, June, September and December. In the case of
ADRs, the DR ratio is considered. Dividends are re-invested
as of the close of business the day before the ex-dividend
date.
The OTCQX Composite Index, OTCQX Billion+ Index, OTCQX Dividend
Index, OTCQX International Index, OTCQX U.S. Index, OTCQX Banks
Index and OTCQB Venture Index have minimum liquidity screens to
ensure tradability.
All index data is priced in real-time and is available on the
OTC Markets Group website, www.otcmarkets.com, and via major
financial data distributors and websites, including Bloomberg,
Reuters and FT.com.
Past performance does not guarantee future results.
Investors cannot invest directly in any of these
indexes.
OTC Markets Group Inc. provides no advice, recommendation or
endorsement with respect to any company or securities.
Nothing herein shall be deemed to constitute an offer to sell or a
solicitation of an offer to buy securities.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best
Market, the OTCQB® Venture Market, and the Pink® Open Market for
10,000 U.S. and global securities. Through OTC Link® ATS, we
connect a diverse network of broker-dealers that provide liquidity
and execution services. We enable investors to easily trade
through the broker of their choice and empower companies to improve
the quality of information available for investors.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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Media Contact:
OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.