July trading dataWith stock markets now closed for the month of July, I thought it would be helpful to review the trading statistics for the past 30 days.
In July 2021 a total of 625,463 shares changed hands in 678 separate transactions with a weighted average buy price of $0.999 and an average trade size of 922 shares. In July 2020 a total of 971,915 shares changed hands in 398 separate transactions with a weighted average buy price of $0.588 and an average trade size of 2,441 shares.
Total value of the trades was $624,788 in 2021 and $571,625 in 2020 - the lower share volume but at a higher weighted average price produced about the same value of trades.
In 2021 the buying was centred on Anonymous and 2 brokers (RBC and TD) which accounted for 70% of the trades with the remaining 30% spread among 18 other brokers. In 2020 it was Anonymous and 3 brokers (RBC, TD and Pershing) accounting for 57%, with the other 43% spread among 15 brokers. This would suggest both a broadening of interest but a narrowing of concentration to TD and RBC accounts.
the 625,788 shares which changed hands in July 2021 represents 1.2% of the outstanding float of Verde.
In the last 12 months a total of 15,230,000 have traded on the open market (at an average weighted price of $1.12) which represents 30% of the issued and outstanding shares as at July 31, 2021. While I am sure some of these shares traded back and forth several times during the 12 months, this volume of activity does suggest there has been a significant turnover in shareholders since the summer of 2020.
In the prior year the number of shares traded was less than half of the current year at 7,259,266 at a weighted average buy price of $0.516. Using the previous year as a baseline, 2020/2021 saw twice as many shares trade at double the price, giving the value comparison as $17 million in the current year, versus $3.75 million in the prior year. That alone is quite an increase in investor interest, which I think bodes well going forward.
Hope you find these data helpful.
Cheers,
S.