- PLBY Group (PLBY, Financial) to join the Russell Microcap® Index effective June 30, 2025.
- Inclusion could boost visibility and liquidity by attracting institutional investors.
- Playboy brand continues its global reach, with presence in close to 180 countries.
PLBY Group, Inc. (PLBY), owner of the iconic Playboy brand, will be included in the Russell Microcap® Index as part of the 2025 annual reconstitution of the Russell U.S. Indexes. This change will take effect on June 30, 2025, offering automatic membership for PLBY in associated growth and value style indexes for one year.
The Russell Microcap® Index is a critical benchmark for smaller U.S. stocks, capturing approximately 4,000 of the largest companies by market capitalization. As of June 2024, assets benchmarked to the Russell indexes were valued at around $10.6 trillion, underscoring their importance to institutional investors.
PLBY's inclusion in this index is anticipated to enhance its market visibility and potentially increase trading volumes by drawing attention from passive funds and institutional investors. The move affirms PLBY Group's market position and reflects its compliance with certain market capitalization and style criteria.
Known for its pleasure and leisure products, PLBY Group operates globally, with its flagship brand Playboy available in nearly 180 countries. This strategic inclusion in the Russell Microcap® Index is expected to provide a valuable opportunity for PLBY Group to attract more institutional attention and possibly improve stock liquidity going forward.
