Trading

Trading volume

The number of shares or units traded over a period.

What it means

Volume describes market activity. It can be reviewed daily, intraday, or over longer windows and is often paired with liquidity, float, and price movement.

Example

A stock that trades 20 million shares in a day had daily volume of 20 million shares.

What not to infer

Volume does not show the motive or information quality of market participants.