Traders are flocking around Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation and others; check out these stocks that are displaying higher than typical trading volumes.
Here's the most recent update: Markets are currently flat. Dow Jones trades sideways at 33,838. Nasdaq trades at 12,066 with no major change.
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 stocks are at high volumes. Check them out.
Terminix | 25.88 million traded volume so far today exceeding the daily average by 482%
A blockbuster trading session for Terminix Global Holdings, Inc., eclipsing its average daily volume by 482% and recording 25.88 million.
Having soared to a high of $46.98 approximately 11 months ago, the pest control company is now trading 19% lower. Pointing downwards for around 6 months.
Enel Americas | currently blitzing its average daily volume by 3,026%
Enel Americas is down to $4.81, after ending Friday at $5.05. Overall, a 4.75% loss or 24 cents today.
Enel Americas is having an eventful day so far, currently at 32.43 million and outpacing its average daily volume by 3,026%.
Umpqua Holdings Corporation | 24.81 million traded volume so far today exceeding the daily average by 1,000%
A hectic day for Umpqua Holdings Corporation, surpassing its average daily volume by 1,000% to reach 24.81 million.
5 months ago the financial holding company reached a significant high of $20.93 but has consequently lost 15.62% since then. On a negative trend for around 2 months.
Umpqua Holdings Corporation discloses 21 cents per share dividend to be paid on Monday, February 6th
— Average trading volume refers to a 21-day rolling average.
