This is a part of the Capsule series; data that is revealed in the markets, collated and curated to make trade-able sense. Delivery Volume Shockers! We have compiled a list of those stocks which have seen massive increases in the “deliverable quantity to traded quantity %”. Stocks are traded every day and most stocks see intra-day trading (buy and sell on the same day). Intra-day trades don’t result in delivery – if two people buy and sell from each other and square off within the day, there will be volume, but no actual shares will change hands. Delivery volumes as a percentage of total volume shows us how much of the stock is traded versus held for more than a day. It’s not very useful to use this data to trade per se. But what is useful is if the delivery percentage JUMPS. If a stock is thinly delivered (say 30% delivery) and jumps up to 80% delivery then we are likely to be seeing some action in that stock because either a big buyer is in or a big seller is. … (Read On…)
[via Capital Mind]
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