FactSet’s Trading Volume Plummets 40.5% as Stock Slides to 410th in U.S. Equity Rankings

On Sept. 23, 2025, , , placing it at No. 410 in volume rankings across U.S. equities. , reflecting reduced liquidity in its shares despite maintaining a relatively stable price level.

The decline in trading activity appears linked to broader market dynamics rather than company-specific developments. With limited news flow directly impacting FactSet's fundamentals, the drop in volume suggests a temporary shift in investor focus away from financial data and analytics providers. typically drive FactSet's trading patterns, yet no significant portfolio repositioning signals were detected in the daily order flow.

For back-testing purposes, key parameters require definition: the market universe should specify U.S.-listed equities (NYSE/NASDAQ) or a global scope. Rebalancing mechanics need clarification on entry/exit price timing and weighting methodology. Current systems require pre-defined ticker lists for volume ranking, with potential workarounds involving fixed universes like the . Implementation feasibility depends on access to daily top-500 ticker rankings in an external file format.