NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today announced the third quarter 2024 performance and quarterly rebalancing of the OTCQX^? and OTCQB^? indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.

The OTCQX Composite Index (.OTCQX), a benchmark for the overall OTCQX Best Market, was up 7.5% in Q3 2024. 32 new companies joined the Index while 47 companies were removed. Talen Energy Corp (TLN) went to NASDAQ on 7/10/2024. FirstSun Capital Bancorp (FSUN) went to NASDAQ on 7/12/2024. Collective Mining Ltd (CNL) went to NYSE MKT on 7/22/2024. Grayscale Ethereum Trust (ETHE) went to NYSE ARCA on 7/23/2024.

The OTCQX Billion+ Index (.OTCQXBIL), which tracks the performance of $1 billion-plus market cap OTCQX companies was up 7.7% in Q3 2024. 2 new companies joined the Index and 3 companies were removed.

The OTCQX Dividend Index (.OTCQXDIV), which tracks dividend-paying U.S. and international OTCQX companies, was up 7.6% in Q3 2024. 15 new companies joined the Index, while 13 companies were removed.

The OTCQX Banks Index (.OTCQXBK), comprised of OTCQX community and regional banks, was up 11.3% in Q3 2024. 9 companies joined the Index while 15 companies were removed.

The OTCQX International Index (.OTCQXINT), a benchmark for international OTCQX companies, was up 7.5% in Q3 2024. 13 new companies joined the Index while 29 companies were removed.

The OTCQX Canada Index (.OTCQXCAN), which tracks Canadian OTCQX companies index was up 9.5% in Q3 2024. 6 new companies joined the Index while 18 companies were removed.

The OTCQX U.S. Index (.OTCQXUS), a benchmark for U.S. OTCQX companies, was up 4.4% in Q3 2024. 19 new companies joined the Index while 19 companies were removed.

The OTCQX Cannabis Index (.OTCQXMJ), a benchmark for cannabis companies, was up slightly 0.8% in Q3 2024. 1 new company joined the Index while 3 companies were removed.

The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was up 4.0% in Q3 2024. 74 companies were added to the index while 107 companies were removed. RDE Inc (RSTN) went to NASDAQ on 8/7/2024.

For a list of all index additions and deletions, visit
https://www.otcmarkets.com/files/Quarterly_Index_Constituent_Changes.pdf

All indexes are market capitalization-weighted and adjusted on a quarterly basis for additions and share changes over 5% during the months of March, June, September and December. In the case of ADRs, the DR ratio is considered. Dividends are re-invested as of the close of business the day before the ex-dividend date.