The highest trading volumes during yesterday's session were recorded by: Iron Mountain Inc, Ventas Inc, ProLogis.
Here's an update with information from the last trading session: Leading equity indices in the US declined as after dropping 0.61%, S&P 500 closed at 4,179.83. Nasdaq slipped 0.63% and closed at 12,935.
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 real_estate stocks reached high volumes. Here is an update.
Iron Mountain | 451% above rolling average
Iron Mountain Inc had a compelling day yesterday, with 6.47 million shares traded helping the company surpass its average daily volume by 451%.
8 months ago, the enterprise enabler fell to a low of $43.59 but has since recovered 22.51%. The stock has been trending positively for about 2 months. Iron Mountain is on an 8 day downtrend
Iron Mountain discloses 61.9 cents per share dividend to be paid on Wednesday, April 5th
Ventas | 387% higher than rolling average
Ventas has been losing ground for 23 days, shedding a total of 10.22% of its value. A slight improvement can be seen from yesterday's session: Ventas was steady yesterday maintaining a $42.8 – $43.58 range before closing at $43.14.
Trading volume peaked at 9.20 million shares yesterday, thereby obliterating the daily average of 2.38 million by 387%.
ProLogis | 344% above rolling average
On a 5 day uptrend, Yesterday's session put the brakes on the ongoing uptrend — without a clear direction, ProLogis closed at $124.55 while ranging between $123.43 and $126.18.
ProLogis outpaced its average daily trading volume (3 million) with 10.60 million shares traded yesterday.
— Average trading volume refers to a 21-day rolling average.