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

Take a look at the following real_estate stocks: Rexford Industrial Realty, Inc., Hudson Pacific Properties, Inc., Public Storage and others showed higher volumes than usual.

A recap of yesterday's session: Leading equity indices in the US declined as Dow Jones lost 0.42% and ended the session at 33,900. Nasdaq shed 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 real_estate stocks reached high volumes. Here is an update.

Rexford Industrial | 243% above rolling average

Rexford Industrial Realty, Inc. went down to $53.68 (2.59%), adding to its five days of losses. Over the past 11 months, the Californian industrial real estate firm has retreated 34.28% from a noteworthy peak of $83.86. Rexford Industrial's market cap currently stands at $10.56 billion with an average daily trading volume of 1.49 million shares.

Yesterday's trading volume was 3.62 million shares (surpassing the daily average by 243%).

Hudson Pacific Properties, Inc. | 120% slightly above rolling average

Hudson Pacific Properties, Inc. had a compelling day yesterday, with 5.70 million shares traded helping the company surpass its average daily volume by 120%.

Having soared to a high of $25.69 approximately 11 months ago, the REIT is now trading 76.88% lower. Having fallen 51 cents in 4 days,

Hudson Pacific Properties, Inc. discloses 25 cents per share dividend to be paid on Thursday, March 30th

Public Storage | 144% above rolling average

Over the last 4 days, Public Storage has fallen 7.55%. Yesterday's session continued the recent downtrend: early in yesterday's session, Public Storage dropped to $288.36 from $304.51 at the end of Thursday, before closing at $290.35. During the session, it lost 4.65%.

Trading volume was 1.78 million shares yesterday — beating the daily average by a mammoth 144%.

— Average trading volume refers to a 21-day rolling average.