Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares, iPath Series B S&P 500 VIX Short-Term Futures ETN, SPDR Portfolio Intermediate Term Corporate Bond ETF and others reached higher-than-usual trading volumes.
Here's an update with information from the last trading session: Markets closed higher today, as Dow Jones closed the day at 34,100, having gained 0.8%. S&P 500 ended the session at 4,169.48 after a 0.83% gain.
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 today with some etfs recording abnormally high trading volumes. Here's a recap:
Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares has shed 6.54% over the past three months. The fund has been trending positively for about a month.
Having soared to a high of $55.96 approximately a month ago, iPath Series B S&P 500 VIX Short-Term Futures ETN is now trading 29.54% lower. The fund has been trending lower for about a month.
With a daily low of $32.53, SPDR Portfolio Intermediate Term Corporate Bond ETF closed today at $32.61, after ending yesterday at $32.46 and gaining 15 cents (0.46%).
— Average trading volume refers to a 21-day rolling average.