Discover the stocks that enjoyed record volumes amid today's decline

A busy day for Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation, being the prominent stocks displaying higher volumes than usual.

A recap of today's session: Leading equity indices in the US declined as S&P 500 was down 1.58% before closing the session at 4,071.63. Nasdaq closed at 11,800, a 1.98% change.

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 today, some stocks reached high volumes. Here is an update.

Terminix | 482% higher than rolling average

11 months ago the residential and commercial pest control provider reached a significant high of $46.98 but has consequently lost 19% since then. On a negative trend for around 6 months. With an average daily volume of 5.37 million shares.

Today's trading volume peaked at 25.88 million shares, thereby blitzing the daily average of 5.37 million by 482%.

Enel Americas | 3,026% above rolling average

During today's session, Enel Americas toiled and struggled for upward momentum before closing at $4.81. By the close, the the electric energy company suffered a 24 cents or 4.75% loss.

Enel Americas had a compelling day today, with 32.43 million shares traded helping the company surpass its average daily volume by 3,026%.

Umpqua Holdings Corporation | 1,000% above rolling average

Umpqua Holdings Corporation outpaced its average daily trading volume (2.48 million) with 24.81 million shares traded today.

The financial holding company reached a significant high of $20.93 around 5 months ago but has lost 15.62% since then. Trending downwards for around 2 months.

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.