3 stocks are currently experiencing heavy trading volumes

The highest volumes today go to: Terminix Global Holdings, Inc., Signature Bank, Enel Américas S.A..

A quick recap: Markets are mixed with Dow Jones up to 32,200, gaining 1.03%. S&P 500 goes up 0.46%, trading at 3,934.73.

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 flat Friday, some stocks are at high volumes. Check them out.

Terminix | eclipsing its average trading volume 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%.

Signature Bank | 884% higher than average

Signature Bank trades at $70, after ending Friday at $70.

A blockbuster trading session for Signature Bank, eclipsing its average daily volume by 884% and recording 21.71 million.

Enel Americas | 32.43 million traded volume so far today exceeding the daily average by 3,026%

With an average daily trading volume of 1 million shares.

A hectic day for Enel Americas, surpassing its average daily volume by 3,026% to reach 32.43 million.

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