The highest volumes today go to: Direxion Daily FTSE China Bull 3X Shares and KraneShares CSI China Internet ETF.
Here's the most recent update: Markets are mixed with Dow Jones goes up 0.69%, trading at 31,300. Nasdaq slipping 0.69% and closing at 10,800.
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 ETFs are at high volumes. Check them out.
YINN tumbles $10.16 (32.45%) to trade at $21.15
Direxion Daily FTSE China Bull 3X Shares is down to $21.15, after ending Friday at $31.31. Overall, a 32.45% loss or $10.16 today.
Approximately 4 months ago, Direxion Daily FTSE China Bull 3X Shares reached a significant high of $102.67 but has struggled to hold onto its gains and declined 69.5% since then.
Bearish KraneShares CSI China Internet ETF currently $3.7 lower after trading as high as $18.67
KraneShares CSI China Internet ETF is down to $17.75, after ending Friday at $21.45. Overall, a 17.23% loss or $3.7 today.
KraneShares CSI China Internet ETF has shed 28.28% over the past three months.
— Average trading volume refers to a 21-day rolling average.