Citigroup Rises on Weak Volume as Liquidity Ranking Slumps to 113th

Citigroup (C) rose 0.32% on October 6, 2025, with a trading volume of $1.02 billion, a 24.54% decline from the previous day’s volume and ranking 113th among all stocks in terms of liquidity. The bank’s moderate price gain occurred against a backdrop of reduced trading interest, as investors appeared to prioritize capital preservation over aggressive position-building in the sector.

Analysts noted that the stock’s performance reflected a cautious market sentiment toward large-cap financials amid ongoing macroeconomic uncertainty. Citigroup’s volume contraction suggests limited conviction in near-term directional bets, with traders likely scaling back exposure ahead of potential regulatory updates or earnings releases. The bank’s ability to maintain a positive close despite weak volume highlights its relative stability compared to peers, though momentum remains constrained by broader market hesitancy.

To run this back-test robustly, I’ll need to pin down a few practical details: Universe (e.g., U.S. listed common stocks or a narrower group), trading price convention (close-to-close return or overnight + intraday), weighting & capital allocation (equal-weighted or volume/dollar-volume-weighted), and frictional costs (commissions/slippage estimates). Once these parameters are defined, the strategy can be automated to retrieve daily volume ranks, generate buy/sell lists, and execute the back-test from January 1, 2022, through today.