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

Take a look at the following stocks: Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation and others showed higher volumes than usual.

Here's an update with information from the last trading session: Leading equity indices in the US declined as Nasdaq slipped 0.8% and closed at 12,060. S&P 500 was down 0.6% before closing the session at 4,129.79.

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% above rolling average

Terminix Global Holdings, Inc. had a compelling day yesterday, with 25.88 million shares traded helping the company surpass its average daily volume by 482%.

Having soared to a high of $46.98 approximately 11 months ago, the residential and commercial pest control provider is now trading 19% lower. Pointing downwards for around 6 months.

Enel Americas | 3,026% higher than rolling average

After hitting an important low of $3.88 approximately 9 months ago, the electric energy company has bounced back 30.15% since. With an average daily trading volume of 1 million shares.

Trading volume was 32.43 million shares yesterday — beating the daily average by a mammoth 3,026%.

Umpqua Bank | 1,000% higher than rolling average

The financial holding company is now trading 15.62% below the significant high of $20.93 it set around 5 months ago. Trending downwards for around 2 months. Currently, the local business bank has a market capitalization of $3.83 billion with an average daily volume of 2.48 million shares.

Trading volume peaked at 24.81 million shares yesterday, thereby obliterating the daily average of 2.48 million by 1,000%.

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