U.S. Bancorp outperforms amid market downturn, trading volume lags behind

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The banking firm managed to outperform its competitors Bank of America Corp. (NYSE:NYSE:BAC), Great Southern Bancorp Inc. (NASDAQ:NASDAQ:GSBC), and Wells Fargo & Co. (NYSE:WFC). Their shares ended the day at $26.06, $48.63, and $39.30 respectively.

However, despite U.S. Bancorp’s rise on Thursday, its trading volume of 10.5 million shares fell short of the 50-day average of 11.6 million, according to an analysis by Automated Insights. This indicates that while the bank’s shares have seen a recent uptick in price, investor participation remains somewhat subdued.

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