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Will These Enter Russell 2000?

This article was in the follow-up section of this week’s Barron’s by Bill Alpert. The table shows some unusual trading patterns on “snapshot day” for the Russell rebalancing, May 29th.

Co. / Ticker Mkt Cap 20 May $ Trade Vol 29 May / 15 day Average
Uranium Energy / UEC 109 5
First Cal Fin Gp / FCAL 98 5
Reading Intl / RDI 91 4
Delcath Systems / DCTH 87 5
Overhill Farms / OF 86 2
Bar Harbor Banks / BHB 80 3
DDI Corp / DDIC 79 3
Ocean Pwr Tech / OPTT 74 7
Wave Systems / WAVX 74 4

Some of the stocks increased their market caps to be in contention and their per share price went over $1 which is necessary to get into the index. WAVX went from $0.89 to $1.12 HEB went from $0.53 to $1.69 and a market cap of $43 million to $143 million on trading all of the month of May.

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