Benzinga | Jun 15, 2021 08:10AM EDT

Aemetis To Join Russell 3000 Index On June 28

Aemetis, Inc. (NASDAQ:AMTX) has been selected to join the broad-market Russell 3000(r) Index and the Russell Microcap(r) Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective when Nasdaq trading opens on June 28, according to a preliminary list of additions posted on June 4.

The annual Russell index reconstitution identified the 4,000 largest U.S. stocks as of May 7th, ranked by total market capitalization. Membership in the U.S. all-cap Russell 3000(r) Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000(r) Index or small-cap Russell 2000(r) Index, in addition to the relevant growth and value indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

"The selection of Aemetis to join the Russell 3000(r) Index and related indexes is expected to expand the awareness among investors of our negative carbon intensity renewable fuels, such as the Dairy Renewable Natural Gas project in California," stated Todd Waltz, the Chief Financial Officer of Aemetis, Inc. "Our inclusion in the index will continue our current trend of increased ownership by investors with longer-term investment horizons seeking to achieve climate change and ESG investment goals."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 3000(r) Index and the Russell indexes reconstitution, please see the "Russell Reconstitution" section on the FTSE Russell website.