Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation led the pack during yesterday's heightened trading volumes.
Here's an update with information from the last trading session: Leading equity indices in the US declined as Dow Jones lost 0.42% and ended the session at 33,900. After dropping 0.35%, Nasdaq closed at 12,123.
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 stocks reached high volumes. Here is an update.
Terminix | 482% above rolling average
Terminix Global Holdings, Inc. outpaced its average daily trading volume (5.37 million) with 25.88 million shares traded yesterday.
Having set a significant high of $46.98 11 months ago, the residential and commercial pest control provider is trading 19% lower. Pointing downwards for around 6 months.
Enel Americas | 3,026% higher than rolling average
During yesterday's session, Enel Americas toiled and struggled for upward momentum before closing at $4.81. By the close, the the electric power distribution company suffered a 24 cents or 4.75% loss.
Yesterday's trading volume was 32.43 million shares (surpassing the daily average by 3,026%).
Umpqua Bank | 1,000% above rolling average
Umpqua Holdings Corporation moves 0% to close at $17.66 yesterday.
Trading volume peaked at 24.81 million shares yesterday, thereby obliterating the daily average of 2.48 million by 1,000%.
— Average trading volume refers to a 21-day rolling average.