NEW YORK, Feb. 29, 2016 /PRNewswire/ -- Qualys Inc. (NASD: QLYS) will replace Hanger Inc. (OTC: HNGR) in the S&P SmallCap 600 after the close of trading on Wednesday, March 2. Due to regulatory compliance issues, Hanger was delisted from the New York Stock Exchange at the close on Friday, February 26, making it ineligible for continued inclusion in the S&P SmallCap 600.
Qualys provides cloud-based security and compliance solutions. Headquartered in Redwood City, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Systems Software Sub-Industry index.
Following is a summary of the change:
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S&P SMALLCAP 600 INDEX – March 2, 2016
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COMPANY
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GICS ECONOMIC SECTOR
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GICS SUB-INDUSTRY
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ADDED
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Qualys
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Information Technology
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Systems Software
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DELETED
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Hanger
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Health Care
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Health Care Facilities
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Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.
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