RF Industries, Ltd, (NASDAQ:RFIL) opened Monday in the minus category. The company, a national manufacturer and marketer of interconnect products and systems, today announced that it has been added as a member of the broad-market Russell 3000® Index, effective when U.S. markets open on June 29, as part of the first 2026 Russell indexes reconstitution.
"We are pleased to join the Russell 3000® Index, a milestone we believe reflects the meaningful progress we have made over the past several quarters," said CEO Robert Dawson. "We have diversified our end markets, expanded into higher-value applications serving data centers, AI infrastructure, and aerospace, and demonstrated improving financial performance with the operating leverage we are now realizing.
“We believe this inclusion will broaden our visibility among institutional investors and improve liquidity, and we remain committed to delivering long-term value for our shareholders."
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.2 trillion in assets are benchmarked to the FTSE Russell U.S. indexes, according to FTSE Russell (London Stock Exchange Group), based on its latest publicly disclosed data in mid 2025.
Shares in RFIL dipped 53 cents, or 2.5%, to $20.90.
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