The Coal ETF (NYSE:KOL) is seeing unusually high volume in afternoon trading Monday, with over 2.1 million shares traded versus three month average volume of about 185,000. Shares of KOL were down about 3.4% on the day.
Components of that ETF with the highest volume on Monday were Alpha Natural Resources (ANR), trading off about 3.6% with over 5.1 million shares changing hands so far this session, and Arch Coal (ACI), off about 4.7% on volume of over 4.6 million shares. Headwaters (HW) is the component faring the best Monday, relatively unchanged on the day, while Walter Energy (WLT) is lagging other components of the Coal ETF, trading lower by about 6.4%.
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