Quest Resource Holding Corporation to Join Russell
Quest Resource Holding Corporation (Nasdaq: QRHC) announced its inclusion in the Russell Microcap® Index effective June 28, 2021. This recognition underscores the company's restoration of growth and profitability, enhancing its visibility among investors. Membership in this index, which persists for one year, signifies automatic inclusion in appropriate growth and value indexes, key for institutional investment strategies.
Russell indexes manage around $10.6 trillion in assets, serving as benchmarks for investment strategies.
- Inclusion in the Russell Microcap® Index enhances visibility to a broader investment community.
- Signifies restored growth and improved profitability for Quest.
- None.
THE COLONY, Texas, June 28, 2021 (GLOBE NEWSWIRE) -- Quest Resource Holding Corporation (Nasdaq: QRHC) ("Quest"), a national leader in environmental waste and recycling services, announced today that it was selected to join the Russell Microcap® Index effective after the U.S. market opens today, June 28, 2021, when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
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.
“This important milestone reflects the hard work of our team to execute the strategies that have restored growth, improved profitability and enhanced shareholder value,” said Quest President and Chief Executive Officer S. Ray Hatch. “We are honored to be included in the index and welcome the increased exposure to a broader investment community.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately
For more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
About Quest Resource Holding Corporation
Quest is a national provider of waste and recycling services that enable our customers to achieve and satisfy their environmental and sustainability goals and responsibilities. Quest provides businesses across multiple industry sectors with single source, customer specific solutions to address a wide variety of waste streams and recyclables generated by their operations. Quest also provides information and data that tracks and reports the environmental results of Quest’s services, provides actionable data to improve business operations, and enables Quest’s customers to achieve and satisfy their environmental and sustainability goals and responsibilities. For more information, visit www.qrhc.com.
About FTSE Russell:
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which provides a "safe harbor" for such statements in certain circumstances. These statements are made based upon current expectations that are subject to risk and uncertainty. Actual events or results could differ materially from those discussed in the forward-looking statements as a result of various factors, as discussed in greater detail in our filings with the Securities and Exchange Commission (“SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2020. You are cautioned not to place undue reliance on such statements and to consult our SEC filings for additional risks and uncertainties that may apply to our business and the ownership of our securities. Our forward-looking statements are presented as of the date made, and we disclaim any duty to update such statements unless required by law to do so.
Investor Relations Contact:
Three Part Advisors, LLC - Joe Noyons • 817.778.8424
FAQ
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