No average volume is in the mid to upper 20 million shares a day. At least from what I have seen. It does drop to the teens at times. Someone else can correct that statement if it is inaccurate.
Volume surge is strictly tied to the earnings run up and sell off this is a normal quarterly occurrence here. Will probably continue to see higher then normal volume throughout next week as more shorts cover and start to take long positions and then waning off back to normal until a few weeks before next earnings.
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