The Vanguard Telecommunication Services ETF (AMEX:VOX) is seeing unusually high volume in afternoon trading Thursday, with over 220,000 shares traded versus three month average volume of about 54,000. Shares of VOX were off about 1% on the day.
Components of that ETF with the highest volume on Thursday were AT&T (NYSE:T), trading down about 0.5% with over 8.1 million shares changing hands so far this session, and Sprint (NYSE:S), off about 1.5% on volume of over 5.7 million shares. NII Holdings (NASDAQ:NIHD) is the component faring the best Thursday, higher by about 0.8% on the day, while USA Mobility (USMO) is lagging other components of the Vanguard Telecommunication Services ETF, trading lower by about 2.7%.
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