Data I/O Set to Join Russell Microcap Index
Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced it is set to join the Russell Microcap® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market closes on June 23rd, according to a preliminary list of additions posted May 19.
- Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced it is set to join the Russell Microcap® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market closes on June 23rd, according to a preliminary list of additions posted May 19.
- Membership in the Russell Microcap Index, which remains in place for one year, results in automatic inclusion in any growth and value style funds or other portfolios modeled after the index.
- FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.
- Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.