NEW YORK, Dec. 18, 2017 /PRNewswire/ -- Community Healthcare Trust Inc. (NYSE: CHCT) will replace Ruby Tuesday Inc. (NYSE:RT) in the S&P SmallCap 600 effective prior to the open of trading on Friday, December 22. NRD Capital is acquiring Ruby Tuesday in a transaction expected to be completed on or about that date pending final approvals.
Community Healthcare Trust, a real estate investment trust (REIT), focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in non-urban markets. Headquartered in Franklin, TN, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Health Care REITs Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – DECEMBER 22, 2017
GICS ECONOMIC SECTOR
Community Healthcare Trust
Health Care REITs
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