MRX, BSFT, SQQQ, WMS, TRH Had Unusual Volume
We have found the following stocks had unusual volume spikes on Monday, August 08, 2011.
Medicis Pharma CP (NYSE:MRX) had a 83.7% volume spike trading 6,829,400 shares. MRX’s 30-day average volume is 1,111,780. Shares closed at $33.63 +4.73%. Medicis Pharmaceutical Corporation focuses on helping patients attain a healthy and youthful appearance and self-image through the development and marketing in the U.S. of products for the treatment of dermatological and aesthetic conditions.
Broadsoft Inc. (NASDAQ:BSFT) had a 85.3% volume spike trading 5,741,841 shares. BSFT’s 30-day average volume is 843,350. Shares closed at $26.00 +9.70%. BroadSoft, Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their Internet protocol-based, or IP-based, networks.
Proshares Trust (NASDAQ:SQQQ) had a 83.8% volume spike trading 5,363,914 shares. SQQQ’s 30-day average volume is 866,865. Shares closed at $33.60 +18.10%. The investment seeks daily investment results, before fees and expenses, which correspond to three times (300%) the inverse (opposite) daily performance of the NASDAQ-100 Index. The fund invests in derivatives that ProShare Advisors believe should have sim
W M S INDS Inc (NYSE:WMS) had a 77.3% volume spike trading 4,515,500 shares. WMS’s 30-day average volume is 1,027,040. Shares closed at $19.00 +4.28%. WMS Industries, Inc. is engaged in serving the legalized gaming industry worldwide by designing, manufacturing and distributing video and reel-spinning gaming machines, video lottery terminals and in gaming operations.
Transatlantic HLDS (NYSE:TRH) had a 88.6% volume spike trading 3,862,000 shares. TRH’s 30-day average volume is 441,820. Shares closed at $48.31 +2.96%. Transatlantic Holdings Inc. through its operating subsidiaries offers reinsurance capacity for a full range of property and casualty products to insurers and reinsures on a treaty and facultative basis.
Ziopharm Oncology Inc (NASDAQ:ZIOP) had a 67.5% volume spike trading 2,628,510 shares. ZIOP’s 30-day average volume is 853,895. Shares closed at $5.09 +8.30%. ZIOPHARM Oncology, Inc. is a biopharmaceutical Company that is seeking to develop and commercialize a diverse, risk-sensitive portfolio of in-licensed cancer drugs that address unmet medical needs.
Randgold Resources Limited (NASDAQ:GOLD) had a 71.1% volume spike trading 2,386,991 shares. GOLD’s 30-day average volume is 688,990. Shares closed at $98.43 +4.18%. Randgold Resources, Ltd. is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa.
Fidus Investment Corporation (NASDAQ:FDUS) had a 100.0% volume spike trading 69,269 shares. FDUS’s 30-day average volume is 0. Shares closed at $13.01 +2.44%. Fidus Investment Corporation provides customized mezzanine debt and equity financing solutions to lower middle-market companies located throughout the United States.
Lemaitre Vascular Inc (NASDAQ:LMAT) had a 19.8% volume spike trading 66,716 shares. LMAT’s 30-day average volume is 53,515. Shares closed at $6.68 +-4.43%. LeMaitre Vascular Inc. develops, manufactures, and markets medical devices and implants used mainly in the field of vascular surgery.
Vanguard Scottsdale Funds (NASDAQ:VGLT) had a 87.0% volume spike trading 33,200 shares. VGLT’s 30-day average volume is 4,315. Shares closed at $67.32 +2.83%. The investment seeks to replicate, net of expenses, the performance of the Barclays Capital U.S. Long Government Float Adjusted Index. The fund employs a passive managementor indexinginvestment approach designed to track the performance of the Barclays Cap
