The S&P/ASX 200 Index (ASX: XJO) has kicked off the trading week on a rather volatile note. At the time of writing, the ASX 200 is in green territory, having recorded a gain at present of 0.15%, putting the index just over 7,460 points.
But the ASX 200 has had stints in both positive and negative territory today, so who knows where we'll finish the trading day at.
So rather than attempting to decipher these market moves, let's now take a glance at the ASX 200 shares currently topping the share market's trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Monday
Liontown Resources Ltd (ASX: LTR)
ASX 200 lithium share Liontown is our first stock worth checking out this Monday. So far this session, a notable 21 million Liontown shares have changed hands as it currently stands. We haven't heard anything out of Liontown itself today.
However, that hasn't stopped this company's shares from jumping on a horse and going for a gallop.
Liontown is currently up a pleasing 4.73% at $1.44 a share, which probably explains the high volumes we are seeing. This could be the result of some love from ASX brokers today, which my Fool colleague went into earlier.
Pilbara Minerals Ltd (ASX: PLS)
Next, we have a familiar face in Pilbara Minerals. Liontown's fellow ASX 200 lithium stock has seen a decent 24.44 million shares trade owners on the ASX so far today.
Again, all has been quiet on Pilbara's news front today, apart from a notice that the company has appointed Paul Laybourne to the position of project director.
However, Pilbara is also enjoying a day at the races this Monday. Its shares are doing even better than Liontown's, climbing by more than 6% so far today to $4.83 each. This again comes after an analyst came out with a buy rating on Pilbara.
This strong rise is probably the reason so many shares are flying around.
Sayona Mining Ltd (ASX: SYA)
Third and finally, this Monday, we have yet another ASX 200 lithium share in Sayona Mining. A sizeable 30.75 million Sayona shares have sauntered around the share market at the time of writing.
No news or broker ratings are out for Sayona today. In fact, Sayona shares remain one of the ASX 200's most shorted shares, as my Fool colleague covered this morning.
That hasn't gotten in the way of the company's share price today, though. While not as dramatic as its peers above, the Sayona share price is still shooting higher, up a nice 1.96% at present to 26 cents per share.
This, and the volatility we have seen today, is the likeliest explanation for this company's elevated trading volumes.
