The following stocks (Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation) are reaching higher-than-usual volumes.
Here's the most recent update: Markets are up including news that Nasdaq goes up 1.98%, trading at 12,165. S&P 500 up to 4,143.54, gaining 1.26%.
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 | 482% higher than average
Terminix Global Holdings, Inc. is having an eventful day so far, currently at 25.88 million and outpacing its average daily volume by 482%.
Over the past 11 months, the residential and commercial pest control provider has retreated 19% from a noteworthy peak of $46.98. Pointing downwards for around 6 months.
Enel Americas | 32.43 million traded volume so far today exceeding the daily average 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 Bank | 24.81 million traded volume so far today exceeding the daily average by 1,000%
Umpqua Bank trades at $17.66, after ending yesterday at $17.66.
A blockbuster trading session for Umpqua Bank, eclipsing its average daily volume by 1,000% and recording 24.81 million.
— Average trading volume refers to a 21-day rolling average.