The highest volumes today go to: STORE Capital Corporation, Life Storage, Inc., SL Green Realty Corp..
A quick recap: The leading indices were losing ground — Dow Jones slipping 0.4% and closing at 32,429. S&P 500 trades at 3,992 after losing 0.27%.
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.
Though trading was down yesterday, some real_estate stocks are currently at high volumes. Here is an update.
STORE Capital Corporation | 157% improvement so far today
With an average daily trading volume of 2.61 million shares.
A blockbuster trading session for STORE Capital Corporation, eclipsing its average daily volume by 157% and recording 4 million.
Life Storage | eclipsing its average trading volume by 100%
After closing the previous trading day at $123.88, Life Storage is up to $126.09, which makes for a move of 1.78%/$2.21 today.
Life Storage is having an eventful day so far, currently at 1.21 million and outpacing its average daily volume by 100%.
SL Green | 124% higher than average
A hectic day for SL Green, surpassing its average daily volume by 124% to reach 2.24 million.
SL Green has been losing ground for 6 days, shedding a total of 34.33% of its value.
SL Green discloses 27.1 cents per share dividend to be paid on Wednesday, March 15th
— Average trading volume refers to a 21-day rolling average.