Youngevity International Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2019 Russell indexes annual reconstitution, effective after the U.S. market opens on July 1, according to a preliminary list of additions posted June 7. Per the update, annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 10, ranking them by total market capitalization. “We are pleased to be added to the Russell 3000 Index and the other appropriate indexes that will come as a result of our inclusion,” Dave Briskie, president and CFO of Youngevity, stated in a news release. “According to Nasdaq, over the last 90 days, YGYI has added 12 new Institutional Investors and Institutional share ownership in YGYI has increased by 543,000 shares. We believe our inclusion will continue this trend and broaden our group of institutional investors.”
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About Youngevity International Inc.
Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity; YGYI offers products from the six top-selling retail categories, including health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com
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