The highest volumes today go to: Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation.
A quick recap: The leading indices are pointing up — Dow Jones up 0.71%, trading at 34,100. S&P 500 up to 4,390.53, gaining 0.31%.
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 | currently blitzing its average daily volume by 482%
Terminix Global Holdings, Inc. is down to $37.87, after ending yesterday at $38.06. Overall, a 0.5% loss or 19 cents today.
A blockbuster trading session for Terminix, eclipsing its average daily volume by 482% and recording 25.88 million.
Enel Americas | 3,026% improvement so far today
Enel Americas hit a significant low of $3.88 around 11 months ago, but has since recovered 30.15%. With an average daily trading volume of 1 million shares.
Enel Americas is having an eventful day so far, currently at 32.43 million and outpacing its average daily volume by 3,026%.
Umpqua Holdings Corporation | 24.81 million traded volume so far today exceeding the daily average by 1,000%
A hectic day for Umpqua Bank, surpassing its average daily volume by 1,000% to reach 24.81 million.
Over the past 7 months, the local business bank has retreated 15.62% from a noteworthy peak of $20.93. On a negative trend for around 4 months.
— Average trading volume refers to a 21-day rolling average.