Traders are flocking around Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation and others; check out these stocks that are displaying higher than typical trading volumes.
Here's the most recent update: Markets are up including news that Dow Jones up 1%, trading at 34,322. S&P 500 up to 4,403.81, gaining 0.71%.
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.
While trading was mostly up yesterday, some stocks have high volumes. Take a look.
Terminix | 25.88 million traded volume so far today exceeding the daily average by 482%
Terminix Global Holdings, Inc. is having an eventful day so far, currently at 25.88 million and outpacing its average daily volume by 482%.
Having soared to a high of $45.66 approximately 10 months ago, the pest control company is now trading 16.64% lower. Trending downwards for around 8 months.
Enel Americas | 32.43 million traded volume so far today exceeding the daily average by 3,026%
A hectic day for Enel Americas, surpassing its average daily volume by 3,026% to reach 32.43 million.
The electric energy company has recovered 30.15% since descending to a significant low of $3.88 around 11 months ago.
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 financial holding company has fallen back around 15.62% over the past 7 months, from a notable high of $20.93. On a negative trend for around 4 months.
— Average trading volume refers to a 21-day rolling average.