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CYRXorbust

06/22/18 9:57 AM

#11277 RE: gigi21 #11276

reconstitution of the Russell 2000 wraps up today. i may have incorrectly expected today to be a big volume day but it might be anti-climatic

hyperopia

06/22/18 11:00 AM

#11278 RE: gigi21 #11276

This board has been so quiet I thought everyone sold. This index inclusion is one of the very few “free lunches” for the average investor. The index funds are benchmarked against the closing price today and many will trade toward the close to minimize their tracking error. Some hedge funds that have taken positions based on the well-known Russell Effect often unwind their positions on or soon after the actual reconstitution date. We may see some volatility and selling pressure in CYRX.