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7 Stocks Rising on Unusual Volume

NEW YORK ( Stockpickr) -- Professional traders don't just look at a stock's price moves; they also look for big changes in volume.

Major moves in volume can signal unusual activity, such as insider buying or selling -- or buying or selling by "superinvestors."

Let's take a look at seven stocks rising on unusual volume today. They are all recording volume changes of 100% or more from their average trading volume.

>>5 Stocks to Trade for End-of-Month Gains

Sequans Communications

Sequans Communications (SQNS - Get Report) designs, develops, and supplies 4G semiconductor solutions for wireless broadband applications. The stock is trading up 1 cents, or 14.3%, at $6.46 in recent trading.

Volume: 1.8 million

Average Volume: 769,600

Volume % Change: 131.7%

Ivanhoe Mines

Ivanhoe Mines (IVN) is an international mineral exploration and development company. The Company's main mineral resource property is the Oyu Tolgoi Project, located in Mongolia. The stocks is trading up $3.37, or 23.2%, at $17.92 in recent trading.

Volume: 5.1 million

Average Volume: 2.03 million

Volume % Change: 153.4%

Ivanhoe, one of the top holdings at John Griffin's Blue Ridge Capital, shows up on a recent list of 7 Mining Stocks to Watch.

Harleysville Group

Harleysville Group (HGIC) is an insurance holding company, which through its subsidiaries, engages in the property and casualty insurance business on a regional basis. The stock is trading up 3 cents at $31.91 in recent trading.

Volume: 161,232

Average Volume: 54,000

Volume % Change: 198.6%

Harleysville is one of the highest-yielding insurance stocks and one of TheStreet Ratings' top-rated insurance stocks.

Philippine Long Distance Telephone

Philippine Long Distance Telephone (PHI - Get Report), through its main business segments - wireless, fixed line, and information and communications technology offers the most diversified range of telecommunications services across the Philippines. The stock was trading up $1.32, or 2.7%, at $49.70 in recent trading.

Volume: 325,794

Average Volume: 106,500

Volume % Change: 205.9%

PHI is one of TheStreet Ratings' top-rated wireless stocks.
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FNV $66.77 -3.00%
MELA $0.92 0.90%
PHI $36.32 -0.25%
PAC $97.83 -0.30%
SQNS $2.12 -8.23%


Chart of I:DJI
DOW 17,628.94 -121.97 -0.69%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

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