Tuesday's ETF with Unusual Volume: SEA

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The Invesco Shipping ETF is seeing unusually high volume in afternoon trading Tuesday, with over 203,000 shares traded versus three month average volume of about 37,000. Shares of SEA were down about 3.1% on the day.

Components of that ETF with the highest volume on Tuesday were Scorpio Tankers Inchares, trading down about 0.7% with over 3.5 million shares changing hands so far this session, and Golar LNG, off about 2% on volume of over 532,000 shares. Golar LNG Partners is the component faring the best Tuesday, higher by about 2% on the day, while Costamare is lagging other components of the Invesco Shipping ETF, trading lower by about 6.2%.

Tuesday's ETF with Unusual Volume: SEA VIDEO: Tuesday's ETF with Unusual Volume: SEA

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas
Referenced Symbols: SEA , STNG , GLNG , GMLP , CMRE

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