UEC to be Added to Russell 3000 Index and Russell Global Index

Uranium Energy Corp. (NYSEMKT:UEC) announced that it has been added to the Russell 3000® Index and the Russell Global® Index at the conclusion of the annual reconstitution of the Russell Indexes on June 26.

As quoted in the press release:

The annual reconstitution of the Russell indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000Ò Index or small-cap Russell 2000Ò Index as well as the appropriate growth and value style indexes. 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. Approximately $5.7 trillion in assets are benchmarked to the Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

Click here to read the full Uranium Energy Corp. (NYSEMKT:UEC) press release.

Click here to view the latest list of additions on the Russell’s website.