Volume changes often go hand in hand with stock price movements. Thus, SmallCapPower has shortlisted four Canadian or U.S. small-cap stocks that have registered over 100% increases in trading volume during the past month, indicating strong market interest.
Trillium Therapeutics Inc. (TSX: TR)
Trillium is an immune-oncology company engaged in developing innovative therapies for cancer. On April 6, 2015, the company gained 4.76% to close at $33 and maintained a trading volume of 31,356. Trading volume for the same date last month was 2,213, accounting for an overall monthly volume increase of 154%. As well, over the last five days, shares of the company have gained 22.56% and 201.43% year to date. Its stock has also outperformed the S&P TSX by 150.15% in the last year.
Roundy’s, Inc. (NYSE: RNDY)
Roundy’s is a Midwest supermarket chain. The Company operates approximately 163 grocery stores in Wisconsin, Minnesota and Illinois and offers its customers approximately 45,000 different items. On April 6, 2015, the company’s shares gained 12% to close at $5.73 and maintained a trading volume of 2,370,463. Trading volume for the same date last month was 366,153, accounting for an overall monthly volume increase of 547%. As well, over the last five days, its share price has gained 21.27% and 22.52% year to date.
Winpak Ltd. (TSX: WPK)
Winpak manufactures and distributes packaging materials and packaging machines. The Company’s products include health care packaging, rigid packaging, flexible packaging, packaging machinery and parts, and flexible lidding. On April 6, 2015, the company’s stock gained 3.20% to close at $42.20 and maintained a trading volume of 61,113. Trading volume for the same date last month was 21,610, accounting for an overall monthly volume increase of 183%. As well, over the last five days, its shares have gained 5.10% and are currently 3.37% off its 52-week high. Moreover, its stock price has outperformed the S&P TSX by 50.05% during the past year.
Dominion Midstream Partners, LP (NYSE: DM)
Dominion Midstream is a limited partnership. The Company was formed by Dominion to initially own the interests in Dominion Cove Point LNG, LP, and a Delaware limited partnership (Cove Point), which owns liquefied natural gas (LNG) import, storage, regasification and transportation assets. On April 6, 2015, the company closed at $37.60 and maintained a trading volume of 1,056,100. Trading volume for the same date last month was 98,200, accounting for an overall monthly volume increase of 976%.