Sumary of Unicycive Therapeutics to be Added to Russell Microcap® Index:
- Unicycive (PRNewsfoto/Unicycive Therapeutics Inc.)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.
- “Joining the Russell Microcap® Index is an important event for Unicycive as we receive recognition from one of the most prominent index providers followed by investment managers across the country,” said Shalabh Gupta, M.
- “As a newly public company, our addition to this index will expand the interest and visibility of Unicycive within the investment community.
- “Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
- Approximately $17.9 trillion in assets are benchmarked against Russell’s US indexes.
- Russell 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.