The following stocks (Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation) are reaching higher-than-usual volumes.
A quick recap: Markets are up as Nasdaq up to 11,822, gaining 1.31%. S&P 500 up to 3,974, gaining 0.94%.
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%.
Enel Americas | eclipsing its average trading volume by 3,026%
Enel Americas is down to $4.81, after ending yesterday at $5.05. Overall, a 4.75% loss or 24 cents today.
A hectic day for Enel Americas, surpassing its average daily volume by 3,026% to reach 32.43 million.
Umpqua Holdings Corporation | 1,000% improvement so far today
Umpqua Holdings Corporation trades at $17.66, after ending yesterday at $17.66.
A blockbuster trading session for Umpqua Holdings Corporation, eclipsing its average daily volume by 1,000% and recording 24.81 million.
— Average trading volume refers to a 21-day rolling average.