Capitala Finance Corp. (NASDAQ:CPTA) and Cellectar Biosciences, Inc. (NASDAQ:CLRB) Experiencing Unusual Activity Mid-day

Shares of Capitala Finance Corp. (NASDAQ:CPTA) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $10.98 at the time of writing.  The day’s total volume of 408289 this morning is in contrast from the three-month daily average of 78.14K.  When we divide the current volume by the three-month average volume, we get a relative volume of 6.14.

Why is this important?

Trading volume is a hugely important consideration for any investor.  By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock. 

Looking Back

Capitala Finance Corp. (NASDAQ:CPTA)‘s market cap, the total dollar value of all of their outstanding shares, is 206.70m.  Including today’s unusual volume, Capitala Finance Corp.‘s stock is performing at -0.95% on the year.  For the week, the stock is performing -1.49%.  Over the past month the firm’s stock is -3.13%, -8.20% for the last quarter, -8.46% for the past six-months and -13.12% for the last year.

Current levels places Capitala Finance Corp. (NASDAQ:CPTA)’s stock about -20.95% from the 50-day high and -13.88% away from the 50-day low.  

Cellectar Biosciences, Inc. (NASDAQ:CLRB) stock is experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $1.78.  The day’s total volume of 5543984 this morning is in contrast from the three-month daily average of 92.06K.  When we divide the current volume by the three-month average volume, we get a relative volume of 70.73.

Looking Back

Cellectar Biosciences, Inc. (NASDAQ:CLRB)‘s market cap, the total dollar value of all of their outstanding shares, is 21.42m.  Including today’s unusual volume, Cellectar Biosciences, Inc.‘s stock is performing at 29.51% on the year.  For the week, the stock is performing 3.27%.  Over the past month the firm’s stock is 1.28%, -15.96% for the last quarter, -3.07% for the past six-months and -39.23% for the last year.

Current levels places Cellectar Biosciences, Inc. (NASDAQ:CLRB)’s stock about -6.31% from the 50-day high and 27.14% away from the 50-day low.  

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