American Express Trading Volume Drops 51.58% to $822 Million, Ranks 78th in Daily Volume

On June 23, 2025, American Express (AXP) saw a trading volume of $822 million, marking a 51.58% decrease from the previous day. This placed AXP at the 78th position in terms of trading volume for the day. The stock price of American Express rose by 0.35%, marking its third consecutive day of gains, with a total increase of 2.33% over the past three days.

American Express has been the subject of a bullish thesis, highlighting the company's strong fundamentals and strategic positioning. The company's focus on quality over quantity, catering to a specific type of customer with stronger credit scores, makes it a safer investment option, especially during times of economic uncertainty and inflation.

Despite the recent sell-off in the payment processor sector due to the buzz around stablecoins, American Express's stable business model and strong credit profile make it a resilient player in the market. The company's short interest has declined by 12.9% over the past month, indicating that bears do not see further declines on the horizon for American Express.

Institutional investors have also shown confidence in American Express, with Voya Investment Management diversifying their bets on Visa with a $47.1 million stake in American Express. This move underscores the company's appeal as a safe haven during market volatility.