The Coal ETF (AMEX: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 (NYSE: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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