News Column

Monday's ETF with Unusual Volume: PGJ

August 11, 2014

The PowerShares Golden Dragon China Portfolio ETF (PGJ) is seeing unusually high volume in afternoon trading Monday, with over 172,000 shares traded versus three month average volume of about 64,000. Shares of PGJ were up about 2.6% on the day.

Components of that ETF with the highest volume on Monday were Kandi Technolgies Group (KNDI), trading up about 7.5% with over 3.7 million shares changing hands so far this session, and Youku Tudou (YOKU), up about 2.9% on volume of over 3.2 million shares. China XD Plastics (CXDC) is the component faring the best Monday, up by about 9.3% on the day, while (WBAI) is lagging other components of the PowerShares Golden Dragon China Portfolio ETF, trading lower by about 3.7%.

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