The highest volumes today go to: Starwood Property Trust, Inc., JBG SMITH Properties, STORE Capital Corporation.
What is happening with the market now? Markets don't have a clear cut direction — S&P 500 up to 4,052.4, gaining 0.17%. Nasdaq is relatively flat, trades at 11,700.
Why Trading Volume Matters
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
While trading was mostly flat Friday, some real_estate stocks are at high volumes. Check them out.
Starwood Property | 6.28 million traded volume so far today exceeding the daily average by 293%
The US REIT has managed to gain 6.16% so far this year despite trading at lows around $18.22 previously. On a negative trend for around a month. Currently, the US REIT has a market capitalization of $6.55 billion with an average daily volume of 2.14 million shares.
A hectic day for Starwood Property, surpassing its average daily volume by 293% to reach 6.28 million.
JBG SMITH | trading volume jumps 166% in busy day so far
The current year has not been the best for the mixed-use property REIT as it lost 15.21% from its highest point of $29.96. Pointing downwards for around a month. The mixed-use property REIT's market cap currently stands at $1.87 billion with an average daily volume of 1.36 million shares.
A blockbuster trading session for JBG SMITH, eclipsing its average daily volume by 166% and recording 2.25 million.
STORE Capital Corporation | 157% improvement so far today
STORE Capital Corporation is having an eventful day so far, currently at 4 million and outpacing its average daily volume by 157%.
— Average trading volume refers to a 21-day rolling average.