Nutriband Inc. has been added as a member of the Russell Microcap, Russell Microcap Growth, Russell 3000E, and Russell 3000E Growth Indexes, as part of the 2025 Russell indexes reconstitution. FTSE Russell determines membership for its indexes primarily by objective, market-capitalization rankings and style attributes.
CEO Gareth Sheridan stated that this addition reflects a market focus on the company and the momentum being built to revolutionize the safety profile of easily abused medications. Inclusion in these indexes can increase visibility among institutional investors.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. This inclusion may lead to increased demand for Nutriband's stock from passive index funds.
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