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April 04, 2023
The highest volumes today go to: Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation.
A quick recap: The leading indices are falling — Dow Jones drawing back 0.62% to 33,400. S&P 500 trades at 4,104.25 after losing 0.49%.
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 are currently at high volumes. Here is an update.
Terminix | 25.88 million traded volume so far today exceeding the daily average by 482%
Over the past 11 months, the pest control company has retreated 19% from a noteworthy peak of $46.98. Trending downwards for around 5 months. With an average daily trading volume of 5.37 million shares.
Terminix is having an eventful day so far, currently at 25.88 million and outpacing its average daily volume by 482%.
Enel Americas | beating its average daily volume by 3,026%
A hectic day for Enel Americas, surpassing its average daily volume by 3,026% to reach 32.43 million.
8 months ago, the electric power distribution company fell to a low of $3.88 but has since recovered 30.15%.
Umpqua Bank | 24.81 million traded volume so far today exceeding the daily average by 1,000%
A blockbuster trading session for Umpqua Bank, eclipsing its average daily volume by 1,000% and recording 24.81 million.
The local business bank reached a significant high of $20.93 around 4 months ago but has lost 15.62% since then. Pointing downwards for around a month.
Umpqua Holdings Corporation discloses 21 cents per share dividend to be paid on Monday, February 6th
— Average trading volume refers to a 21-day rolling average.
