The Social Media Index ETF (NASDAQ:SOCL) is seeing unusually high volume in afternoon trading Thursday, with over 260,000 shares traded versus three month average volume of about 70,000. Shares of SOCL were up about 1% on the day.
Components of that ETF with the highest volume on Thursday were Facebook (NASDAQ:FB), trading up about 1.9% with over 67.1 million shares changing hands so far this session, and Zynga (NASDAQ:ZNGA), down about 1.2% on volume of over 22.4 million shares. Changyou.com (NASDAQ:CYOU) is the component faring the best Thursday, higher by about 10.7% on the day.
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