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

These three ASX shares have been the most traded by volume today.

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A pair of legs can be seen on the floor buried under a pile of paperwork, indicating a high volume day.

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Nasty, nasty, nasty. That's pretty much all you can say about what's happening to the S&P/ASX 200 Index (ASX: XJO) and ASX shares so far this Wednesday. At the time of writing, the ASX 200 has plunged by a depressing 1.57%, leaving the index at just under 6,700 points.

But rather than dwelling too long on all that, let's instead check out the ASX 200 shares that are currently atop the share market's trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Wednesday

Vicinity Centres (ASX: VCX)

First up today is ASX 200 real estate investment trust (REIT) Vicinity Centres. So far today, a hefty 11.92 million Vicinity units have changed hands on the markets. There's been no news of note out of this company today.

However, we have seen a pretty dramatic movement when it comes to the Vicinity unit price. This REIT is presently down a horrible 4.86% at $1.76 per unit. It's likely that it is the size of this fall that has prompted so many units to fly around.

Pilbara Minerals Ltd (ASX: PLS)

Next up is ASX 200 lithium share Pilbara Minerals. This Wednesday has had a notable 26.67 million Pilbara shares find a new home. Again, it seems we have a share price movement to thank for this volume. Pilbara is defying the broader markets to hit yet another new record high today.

As my Fool colleague James discussed this morning, investors piled into the company after it revealed some positive results from its last BMX auction. The company initially rose as high as $5.08 this morning, but has cooled since, and is now going for $4.92 a share, up 0.6% for the day thus far.

Sayona Mining Ltd (ASX: SYA)

Sayona has only been on the ASX 200 index for three days now. But it continues to be a baptism by fire. This ASX 200 lithium share has copped another painful 6.8% slide today, putting it at 25 cents a share.

Sayona has now lost close to 14% just this week. It's this big slide today that has likely prompted the whopping 72.9 million shares that we have watched find a new home this Wednesday.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. 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 no position in any of the stocks mentioned. 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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