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 recap of yesterday's session: Markets had an interesting day yesterday; Nasdaq gained 2.19% and closed at 12,976. S&P 500 ended the session at 4,205.45 after a 1.3% gain.

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% above rolling average

Terminix Global Holdings, Inc.'s bearish run has lasted 19 days so far (-$2.92). Yesterday's session continued down the same path: 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.

Trading volume was 25.88 million shares yesterday — beating the daily average by a mammoth 482%.

Enel Americas | 3,026% above rolling average

Enel Americas had a compelling day yesterday, with 32.43 million shares traded helping the company surpass its average daily volume by 3,026%.

Enel Americas hit a significant low of $3.88 around 10 months ago, but has since recovered 30.15%.

Umpqua Bank | 1,000% above rolling average

Umpqua Bank has been losing ground for 16 days, shedding a total of 9.76% of its value. A slight improvement can be seen from yesterday's session: Umpqua Holdings Corporation moves 0% to close at $17.66 yesterday.

Yesterday's trading volume was 24.81 million shares (surpassing the daily average by 1,000%).

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