NNVC Will Be Added to the Russell 2000 Index on June 27th
Preliminarily, from a report by Deutsche Bank dated June 2nd, the Index will be required to purchase 3,255,268 shares, which will take an assumed 15.8 days at 206,029 EACH DAY! The reconstitution is effective at the close on June 27, 2014!
I assume the purchases must be complete
The second paragraph should read: I assume the purchases must be completed on or before June 27th. This fact should give all shorts nightmares!
The title should read: ....... in the 2014 Annual Reconstitution
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