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

We take a look at the ASX 200's most popular shares by volume…

The recent run for the S&P/ASX 200 Index (ASX: XJO) and ASX shares seems to have come to an end, at least so far this Tuesday. 

At the time of writing, the ASX 200 has slipped by a small but still significant 0.1% to just over 7,380 points. That was despite a brief foray into positive territory around midday. 

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

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The 3 most traded ASX 200 shares by volume this Tuesday

Pilbara Minerals Ltd (ASX: PLS)

First up today is a common appearance on this list, the ASX 200 lithium heavyweight Pilbara Minerals. So far this Tuesday, a chunky 17.5 million Pilbara shares have been exchanged on the share market. There's been no official news out of Pilbara Minerals today.

So it's possible that this volume is down to the movements of Pilbara shares themselves. At present, this leading lithium producer has just scraped back into the green, up 0.25%, and is sitting at $4.05 a share.

However, Pilbara shares have been very bouncy today, and have traded between $3.95 and $4.08 each. Also assisting volumes could be the speculation that Pilbara could announce its maiden dividend in 2023.

Tabcorp Holdings Ltd (ASX: TAH)

Next up, we have the ASX 200 gaming company Tabcorp. Thus far, 19.62 million Tabcorp shares have been wagered on the share market.

Tabcorp hasn't made any announcements whatsoever in 2023 yet. So we can rule out that. So again, let's turn to the company's share price performance today. Tabcorp opened strongly this morning, rising as high as $1.20 a share.

But investors have gotten cold feet over the gaming company, with Tabcorp shares now down 1.35% at $1.095 each. This bouncy performance, together with Tabcorp's relatively low share price compared to its market capitalisation is probably the cause of this elevated volume.

Core Lithium Ltd (ASX: CXO)

Last up this Tuesday is another ASX 200 lithium share in Core Lithium. This Tuesday's session has seen a decent 20.27 million Core shares bought and sold as it currently stands. There hasn't been much out of Core either.

So again, we probably have the company's share price movements to thank for this volume. Core Lithium has fared far worse than Pilbara today, with the company shedding a nasty 4.69% so far to $1.015 a share. That's without the midday pop into positive territory that Pilbara enjoyed too.

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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