High volume low float stocks today

Screening Filters

1. Market Cap: 50M – 5B

   • Purpose: Focus on smaller to mid-sized companies that are more likely to have meaningful price moves when volume spikes.
   • Rationale:
     • Many “low float runners” are in the small/mid-cap space, not mega-caps.
     • Very tiny micro-caps (<$50M) can be extremely illiquid or sketchy; capping the lower end avoids the most extreme penny-stock territory.
     • Limiting to $5B excludes large, highly liquid names where float is usually big and “low float” behavior is less likely.

2. Price: $1 – $50

   • Purpose: Keep results in a common trading range for active traders and avoid sub-penny/speculative names.
   • Rationale:
     • Under $1 you often get highly distressed or extremely speculative stocks.
     • Above $50, even if float is relatively low, many traders looking for “low float, high volume” plays focus on lower-priced names where percentage moves can be larger on smaller capital.

3. Volume (Today): ≥ 1,000,000 shares

   • Purpose: Capture high volume names for today.
   • Rationale:
     • A minimum of 1M shares traded ensures there is meaningful liquidity and interest.
     • Fits directly with “high volume stocks today” because it removes thinly traded names that don’t have enough activity.

4. Relative Volume: ≥ 2

   • Purpose: Ensure today’s volume is unusually high versus normal.
   • Rationale:
     • Relative volume ≥ 2 means the stock is trading at least 2x its average volume, signaling abnormal attention (news, momentum, etc.).
     • This is more precise than raw volume alone and aligns well with “high volume today” in the sense of a spike vs typical behavior.

5. Floating Shares: ≤ 30,000,000

   • Purpose: Specifically target low float stocks.
   • Rationale:
     • A float under 30M shares is commonly used as a “low float” threshold among active traders.
     • Lower float means fewer shares available to trade, which can make price more sensitive to high demand, matching the “low float” part of your request.

6. Region: United States

   • Purpose: Limit results to U.S.-listed companies.
   • Rationale:
     • U.S. markets (NYSE/NASDAQ/AMEX) are where most retail traders look for low-float, high-volume day and swing trades.
     • Ensures consistent reporting standards and trading hours.

7. Listed Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, AMEX)

   • Purpose: Restrict to major U.S. exchanges.
   • Rationale:
     • Excludes OTC and pink sheet stocks, which can be very illiquid, opaque, or highly risky.
     • These major exchanges are where most “low float high volume” momentum plays show up, with better data quality and tighter spreads.

Why Results Match Your Request

• “High volume” is addressed by:

  • Volume ≥ 1,000,000 (ensuring strong trading activity today)
  • Relative volume ≥ 2 (ensuring today’s trading is significantly elevated compared to normal)

• “Low float” is addressed by:

  • Floating shares ≤ 30,000,000 (a standard cutoff for low float stocks)

• “Today” is reflected in:

  • Volume and relative volume filters, which use current-day trading data.

Overall, these filters are tuned to surface actively traded, U.S.-listed, relatively small-cap, low-float stocks that are experiencing unusually high trading volume today, which is exactly what your query is targeting.