Here are the 3 most heavily traded ASX 200 shares on Thursday

Our most traded ASX 200 share today is down by more than 5%.

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It's been a backwards kind of day for the S&P/ASX 200 Index (ASX: XJO) and ASX shares this Thursday. At the time of writing, the ASX 200 has slipped by 0.29% and is back down to around 7,105 points.

But rather than dwelling on that, let's instead take a deeper dive into the shares that are currently topping the ASX 200's share volume charts, according to investing.com.

Three male athletes sprint on an athletics track with the sun low on the horizon behind them representing the race between ASX lithium shares to outperform

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The 3 most traded ASX 200 shares by volume this Thursday

Telstra Corporation Ltd (ASX: TLS)

Telstra is our first ASX 200 share to take a glance at this Thursday. So far today, a sizeable 17.11 million of this telco's shares have changed owners. There's been no news out of the company today that might easily explain this volume.

Saying that, we have seen some string moves from the telco today. Telstra is currently up 0.12% at $4.10 a share. But the company has spent time in both positive and negative territory today and rose as high as $4.12 a share earlier this morning. It's likely that this bouncing around has allowed the high volumes we are seeing. 

Pilbara Minerals Ltd (ASX: PLS)

From TLS to PLS! ASX 200 lithium stock Pilbara Minerals is next up today, with a hefty 17.52 million shares having swapped hands as it currently stands. There hasn't been anything out of this company today either. 

So we can probably thank Pilbara shares' steep losses today for this volume. Although the ASX 200 has had a challenging day, Pilbara shares have fared far worse, with the lithium producer currently nursing a 288% loss at $3.03 a share.

Lake Resources N.L. (ASX: LKE)

Our final and most traded share today is another ASX 200 lithium stock in Lake Resources. So far this Thursday, a notable 17.56 million Lake shares have found a new ASX home.

Again, it seems we have a nasty share price fall to thank for this elevated volume. At present, Lake Resources shares have lost a steep 5.52% and are trading at $1.20 each. 

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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