Traders are flocking around STORE Capital Corporation, Duck Creek Technologies, Inc., Vornado Realty Trust and others; check out these real_estate stocks that are displaying higher than typical trading volumes.
A quick recap: Markets are up including news that Nasdaq goes up 1.22%, trading at 12,000. S&P 500 up to 4,092.23, gaining 0.89%.
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 up yesterday, some real_estate stocks have high volumes. Take a look.
STORE Capital Corporation | trading volume jumps 157% in busy day so far
With an average daily volume of 2.61 million shares.
A hectic day for STORE Capital Corporation, surpassing its average daily volume by 157% to reach 4 million.
Duck Creek Technologies | beating its average daily volume by 103%
It's been more of the same this session on the back of a month of flat trade, Today's session so far looks to be heading in a similar way — Duck Creek Technologies trades at $19, after ending yesterday at $19.
Duck Creek Technologies is having an eventful day so far, currently at 1.87 million and outpacing its average daily volume by 103%.
Vornado Realty Trust | 4.26 million traded volume so far today exceeding the daily average by 117%
A hectic day for Vornado Realty Trust, surpassing its average daily volume by 117% to reach 4.26 million.
The real estate investment trust (REIT) is now trading 33.11% below its 3-month high of $40.79. Vornado Realty Trust has been losing ground for 6 days, shedding a total of 9.19% of its value.
Vornado Realty Trust discloses 37.5 cents per share dividend to be paid on Friday, February 10th
— Average trading volume refers to a 21-day rolling average.