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 Platinum Customer
Joined: 3/31/2006
Posts: 3,207
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When a stock splits does the history of its volume adjust as well?
I mean let say a stock trading at 50 and trading an averge of 300,000 shares a day splits 2 for 1. Tomarrow does the volume show an average of 600,000 shares traded?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Volume and Price are both adjusted for splits. Strategies use the adjusted values. I do not know of a way to make them use the unadjusted values.
-Bruce
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Registered User
Joined: 2/16/2006
Posts: 12
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I have noticed that some issues don't have their volume adjusted after the split; for example, take Expedia: the stock suffered a 1 for 2 split on December 21, 2011 (see http://www.prnewswire.com/news-releases/expedia-inc-completes-spin-off-of-tripadvisor-inc-135968313.html) and volume was not adjusted accordingly. This causes all sorts of distortions in calculations that use dollar Volume and Volume averages.
Any ideas or action items on how Worden is resolving this?
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Administration
Joined: 9/30/2004
Posts: 9,187
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The original volume traded for EXPE on 12/19/11 was 6.8 million shares. The stock split 1:2 on 12/21 and now the volume for 12/19 shows 3.4 million shares (half the number of shares since you now only have 1 share for every 2 shares previously held), so the volume was adjusted for the split.
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Registered User
Joined: 2/16/2006
Posts: 12
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Sorry about that; my mistake.
Thank you.
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