3 stocks endured heavy volumes amid market jump yesterday

Take a look at the following stocks that showed higher volumes than usual: Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation.

A quick recap of where the last trading session ended: Markets were up yesterday; Nasdaq gained 2.19% and closed at 12,976. S&P 500 closed the day at 4,205.45, having gained 1.3%.

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.

Price action was mostly bullish yesterday with some stocks recording abnormally high trading volumes. Here's a recap:

Terminix | 482% higher than rolling average

Having fallen $2.92 in 19 days, More of the same from yesterday's session: during yesterday's session, Terminix toiled and struggled for upward momentum before closing at $37.87. By the close, the the pest control company suffered a 19 cents or 0.5% loss.

Terminix had a compelling day yesterday, with 25.88 million shares traded helping the company surpass its average daily volume by 482%.

Enel Americas | 3,026% above 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 energy company suffered a 24 cents or 4.75% loss.

Enel Americas outpaced its average daily trading volume (1 million) with 32.43 million shares traded yesterday.

Umpqua Holdings Corporation | 1,000% above rolling average

With 24.81 million shares traded yesterday, Umpqua Bank beat its daily average by 1,000% to cap off a frenetic trading day.

The financial holding company has fallen back around 15.62% from the significant high of $20.93 set 6 months ago. On a negative trend for around 3 months. While on a 16 day downtrend

— Average trading volume refers to a 21-day rolling average.