Essex Property Trust Inc, SBA Communications Corp, KE Holdings Inc. and others reached higher-than-usual trading volumes.

A recap of yesterday's session: Leading equity indices in the US rose as Dow Jones ended the session at 33,763 after a 2.12% gain. S&P 500 gained 1.45% and closed at 4,282.37.

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.

Price action was mostly bullish yesterday with some real_estate stocks recording abnormally high trading volumes. Here's a recap:

Essex Property Trust | 215% higher than rolling average

Essex Property Trust Inc had a compelling day yesterday, with 795,400 shares traded helping the company surpass its average daily volume by 215%.

Essex Property Trust hit a significant low of $196.17 around 2 months ago, but has since recovered 11.72%. Essex Property Trust has posted further gains as part of a 6 day trend that has already seen the stock gain $12.35.

Essex Property Trust discloses $2.31 per share dividend to be paid on Friday, April 14th

SBA Communications | 175% higher than rolling average

With 1.51 million shares traded yesterday, SBA Communications beat its daily average by 175% to cap off a frenetic trading day.

Having soared to a high of $355.13 approximately 9 months ago, the US REIT is now trading 37.86% lower. Trending downwards for around 3 months.

SBA Communications's board sets quarterly dividend of 85 cents per share to be paid on Wednesday, June 21st; annual dividend yield esimated at 1.51%.

KE Holdings | 127% slightly above rolling average

Yesterday's trading volume was 11.87 million shares (surpassing the daily average by 127%).

Having set a significant high of $20.3 3 months ago, the housing company is trading 25.57% lower. KE Holdings has posted further gains as part of a 3 day trend that has already seen the stock gain 87 cents.

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