The iShares Global Timber & Forestry ETF (NASDAQ:WOOD) is seeing unusually high volume in afternoon trading Thursday, with over 104,000 shares traded versus three month average volume of about 40,000. Shares of WOOD were down about 0.8% on the day.
Components of that ETF with the highest volume on Thursday were International Paper (NYSE:IP), trading off about 2.5% with over 1.9 million shares changing hands so far this session, and Westrock (NYSE:WRK), down about 0.8% on volume of over 1.4 million shares. Domtar (NYSE:UFS) is the component faring the best Thursday, lower by about 0.6% on the day.
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