The highest trading volumes during yesterday's session were recorded by: Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation.
Here's an update with information from the last trading session: Leading equity indices in the US declined as Dow Jones closed at 33,900, a 0.42% change. Nasdaq slipped 0.35% and closed at 12,123.
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.
Though trading was down yesterday, some stocks reached high volumes. Here is an update.
Terminix | 482% higher than rolling average
Trading volume was 25.88 million shares yesterday — beating the daily average by a mammoth 482%.
The pest control company reached a significant high of $46.98 around 11 months ago but has lost 19% since then. On a negative trend for around 6 months.
Enel Americas | 3,026% higher than rolling average
Trading volume peaked at 32.43 million shares yesterday, thereby obliterating the daily average of 1 million by 3,026%.
The electric energy company has recovered 30.15% since descending to a significant low of $3.88 around 9 months ago.
Umpqua Holdings Corporation | 1,000% higher than rolling average
Umpqua Holdings Corporation moves 0% to close at $17.66 yesterday.
Yesterday's trading volume was 24.81 million shares (surpassing the daily average by 1,000%).
— Average trading volume refers to a 21-day rolling average.