OTC Markets Group Announces Quarterly Index Performance and Rebalancing

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 Indices^SM 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.