BioNano Genomics Inc (NASDAQ: BNGO) has made it official that it has found a place in the U.S. small-cap Russell 2000® Index. Companies that make it to the list are eligible to be members for one year. BioNano Genomics Inc is a genome analysis company that supports scientists with the tools in clinicians conducting genetic research, patient testing, and diagnostic testing for patients diagnosed with Autism Spectrum Disorder (ASD) and other neurodevelopmental disabilities.
“We are pleased Bionano has been added to the Russell indexes, which means Bionano’s share performance is now included in a leading benchmark for institutional investors. Inclusion in the Russell indexes enhances the visibility of our company as we continue to grow the installed base of Saphyr and potentially build the next great genomics company,” said Erik Holmlin, Ph.D. CEO of BioNano Genomics Inc.
“We believe this milestone is a reflection of the growing awareness of optical genome mapping (OGM), the significant progress our business is making towards OGM being part of routine use in genome analysis including cytogenomics and another step forward in expanding awareness of Bionano among institutional investors,” Holmlin added.
Ashford Hospitality Trust, Inc. (NYSE: AHT) will be included in the U.S. small-cap Russell 2000® Index, the U.S. broad-market Russell 3000® Index, and the Russell Microcap® Index
Ashford Hospitality Trust, Inc. (NYSE: AHT) has made it official that the company will find a place in the U.S. small-cap Russell 2000® Index, the U.S. broad-market Russell 3000® Index, and the Russell Microcap® Index, as part of the Russell Indexes, according to the latest developments.
“Ashford Trust is pleased to be added to the Russell 2000®, Russell 3000® and Russell Microcap® indexes,” commented Rob Hays, President and Chief Executive Officer of Ashford Hospitality Trust, Inc. “We continue to execute against our strategic priorities and believe AHT’s inclusion creates added exposure to key institutional investors as well as to investors who use the Russell indexes to benchmark their portfolios,” Hays ended.
Dependency on the Russell indexes high
Institutional investors and investment managers extensively use Russell indexes. In addition, Russell indexes are used to plan and implement active investment strategies. Russell indexes are part of FTSE Russell, one of the leading index providers globally.