3 stocks endured heavy trading volumes despite listless price action

The highest trading volumes during yesterday's session were recorded by: Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation.

Yesterday's session summary: Markets did not have a clear cut direction — Nasdaq closed at 12,072 after a flat day. Dow Jones closed 33,800 after a stable day.

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 sideways yesterday, several stocks were actively traded. Here's an update:

Terminix | 482% above rolling average

During yesterday's session, Terminix Global Holdings, Inc. toiled and struggled for upward momentum before closing at $37.87. By the close, the the pest control company suffered a 19 cents or 0.5% loss.

Terminix had a compelling day yesterday, with 25.88 million shares traded helping the company surpass its average daily volume by 482%.

Enel Americas | 3,026% above rolling average

Trading volume peaked at 32.43 million shares yesterday, thereby obliterating the daily average of 1 million by 3,026%.

Enel Americas hit a significant low of $3.88 around 9 months ago, but has since recovered 30.15%.

Umpqua Holdings Corporation | 1,000% above rolling average

Umpqua Holdings Corporation moves 0% to close at $17.66 yesterday.

Yesterday's trading volume was 24.81 million shares (surpassing the daily average by 1,000%).

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