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 2018 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 down 11.2% in the fourth quarter. Fourty-one
new companies were added to the index, including: Adventus Zinc
Corporation (OTCQX: ADVZF), Charlottes Web Hldgs Inc. (OTCQX:
CWBHF), Harvest Oil & Gas Corp. (OTCQX: HRST), Medicine Man
Technologies Inc. (OTCQX: MDCL), Overstock.com, Inc. (OTCQX: OSTDP), U &
I Financial Corp. (OTCQX: UNIF). Fifty-one were removed from
the index, including: Aurora Cannabis (ACB), which graduated to
NYSE on 10/23/18 and Creative
Realities (CREX) which graduated to NASDAQ on 11/15/18.
The OTCQX Billion+ Index (.OTCQXBIL), which tracks the
performance of $1 billion-plus market
cap OTCQX companies, was down 11% for the quarter. Five
companies were added to the index, including Impala Platinum
Holdings Ltd. (OTCQX: IMPUY) and Travis Perkins Plc (OTCQX: TPRKY).
Eleven companies were removed.
The OTCQX Dividend Index (.OTCQXDIV), which tracks
dividend-paying U.S. and international OTCQX companies, was down
10.6% in the quarter. Six new companies were added to the index and
22 companies were removed.
The OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community
and regional banks, decreased 8.3% in the fourth quarter.
Twelve companies were added to the index in the quarter and 12
companies were removed. The 12 banks added were: Consumers Bancorp,
Inc. (OTCQX:CBKM), CCF Holding
Co.(OTCQX:CCFH), Century Next Financial Corp. (OTCQX: CTUY),
Delmarva Bancshares, Inc.(OTCQX: DLMV), First National Bank Alaska
(OTCQX: FBAK), InsCorp, Inc.(OTCQX:IBTN), Kish Bancorp, Inc.(OTCQX:
KISB), Quaint Oak Bancorp, Inc.(OTCQX: QNTO), Revere Bank (OTCQX:
REVB), U & I Financial Corp. (OTCQX:UNIF), Valley Republic
Bancorp (OTCQX: VLLX), and VSB Bancorp, Inc.(OTCQX: VSBN).
The OTCQX International Index (.OTCQXINT), a benchmark for
international OTCQX companies, was down 11.2% for the quarter.
Twenty-two companies were added to the index and 28 companies were
removed.
The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX
companies, was down 31.6% in the fourth quarter.
Eighteen companies were added to the index and 16 companies
were removed. Among those added: First Vanadium Corp. (OTCQX:
FVANF), CannaRoyalty Corp. (OTCQX: ORHOF) and 1933 Industries
Inc. (OTCQX: TGIFF).
OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX
companies, was down 13.8% in the fourth quarter. Nineteen
companies were added to the index and 22 companies were
removed.
The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB
Venture Market, was down 19.0% in the fourth quarter. One
hundred nine companies were added to the index. Among those
added: Abtech Holdings, Inc. (OTCQB: ABHD), Bright Mountain Media,
Inc. (OTCQB: BMTM) and MJ Holdings, Inc. (OTCQB: MJNE). One hundred
forty-eight companies were removed from the index, including:
Avalon GloboCare (AVCO) which graduated to NASDAQ on 11/5/2018,
Roan Resources (ROAN) which graduated to NYSE on
11/9/2018,.Diamedica Therapeutics (DMAC) which graduated to NASDAQ
on 12/7/2018, Enochian Biosciences (ENOB) which graduated to NASDAQ
on 12/10/2018, Alkaline Water Company (WTER) which graduated to
NASDAQ on 12/10/2018, and Datasea (DTSS) which graduated to NASDAQ
on 12/19/2018.
For a list of all index additions and deletions, visit
https://www.otcmarkets.com/files/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
and OTC Link ECN, 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 and OTC Link ECN are SEC regulated ATSs, operated
by OTC Link LLC, member FINRA/SIPC.
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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.