These 3 ASX 200 shares are topping the volume charts on Wednesday

We take a look at the most active ASX 200 shares by volume…

Sebastian Bowen

Author Bio Sebastian Bowen has been a Motley Fool contributor since late 2018. Sebastian found his passion for writing and educating others about shares and all things finance after completing his studies in political, economic and social science and enjoys bringing this passion to life at the Fool. His investment philosophy is a simple one – buying high-quality companies at prices that make sense. When he’s not researching his next investment at all hours of the morning, Sebastian enjoys classic movies and likes to unwind with a good book, newspaper or record. Areas of Expertise Dividend investing ETFs Education Bachelor of Political, Economic, and Social Sciences (Government and International Relations), University of Sydney Social Media X/Twitter Favorite Investment Quote "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." – Benjamin Graham

Published March 30, 2022 3:36 pm AEDT

The S&P/ASX 200 Index (ASX: XJO) is enjoying yet another day in the green so far this Wednesday. At the time of writing, the ASX 200 is up by a robust 0.6% at just over 7,500 points. We're now not far from the ASX 200's all-time high, an unthinkable position just a few weeks ago.

But let's dive deeper into today's gains and have a look at the shares at the top of the ASX 200's trading volume charts, according to investing.com.

An office worker and his desk covered in yellow post-it notes — Image source: Getty Images

The 3 most traded ASX 200 shares by volume this Wednesday

Pilbara Minerals Ltd (ASX: PLS)

ASX 200 lithium share Pilbara Minerals is the first company worth checking out today. This lithium producer has had a notable 15.01 million shares change hands as it currently stands. This isn't related to any news or official developments out of the company (of which there aren't any today).

However, the Pilbara share price has made a sizeable move today thus far. Pilbara shares are currently down by a nasty 1.85% at $3.19 each. Since the company initially spiked to $3.31 a share at market open this morning, we can probably blame share price volatility for this high trading volume we are seeing.

AVZ Minerals Ltd (ASX: AVZ)

Another ASX 200 lithium hopeful is up next in AVZ Minerals. This company has, so far today, seen a hefty 18.87 million of its shares bought and sold on the markets. Again, there are no company-specific news or announcements that might easily explain this move.

Thus, it is likely that a share price movement is also the culprit for this elevated trading volume here. After an incredible run of gains over the past week (putting AVZ shares more than 20% higher), and several new all-time highs, the AVZ share price is taking a cool off today. The company is currently down by 1.21% at $1.22 a share.

Whitehaven Coal Ltd (ASX: WHC)

Another resources share rounds out our list today, but this time it's coal miner Whitehaven. A staggering 19.46 million Whitehaven shares have found a new home at the time of writing.

This looks like the result of the sizeable selloff we've seen with Whitehaven so far today. The company is currently down by 3.3% at $4.11 a share. It's this decisive move downwards that investors can likely pin the blame for the high volume.

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