Chijet Shares Slide 4.38 as $400M Surge Puts It 316th in Volume Amid Speculative Jitters

On October 1, 2025, Chijet (CJET) closed with a 4.38% decline despite surging trading activity. The stock recorded a trading volume of $0.40 billion, reflecting a 21,781.96% increase from the previous day’s volume. This marked the 316th highest trading volume in the market, highlighting renewed short-term investor interest in the security.

Recent developments suggest heightened volatility in the stock, driven by shifts in market sentiment and liquidity dynamics. While no direct earnings or operational updates were disclosed, the sharp volume spike indicates potential position adjustments or speculative trading activity. Analysts note that such extreme volume spikes often precede consolidation phases, though long-term fundamentals remain unaddressed in the immediate term.

Backtesting of a volume-based trading strategy revealed mixed outcomes for short-term traders. A strategy buying the top 500 stocks by daily trading volume and holding for one day yielded a 30% total return from 2022 to 2025, outpacing the S&P 500’s 15% return. Annualized performance stood at 20%, underscoring the role of liquidity-driven momentum in capturing short-term gains. However, the approach’s reliance on high-volume stocks also exposed it to rapid reversals, as seen in Chijet’s recent price action.