Chewy Stock Climbs 1.47% on $250M Volume Ranks 445th in U.S. Equities

Chewy (CHWY) closed 1.47% higher on Sept. 25, with a trading volume of $250 million, ranking 445th among U.S. equities. The stock’s midweek performance reflects mixed market sentiment amid ongoing strategic adjustments and sector-specific dynamics.

Recent developments highlight Chewy’s efforts to streamline its operations, including a reported partnership with a major pet supply distributor to optimize inventory management. Analysts noted this could reduce logistics costs and improve profit margins, though execution risks remain. Additionally, the company has been refining its digital marketing strategy, shifting focus toward high-traffic e-commerce channels to counter seasonal spending fluctuations in the pet care sector.

I can certainly help set up a quantitative back-test, but I need to confirm one important point first: Our current back-testing engine is designed for a single underlying asset (e.g., one stock or one index) at a time. Your strategy, however, requires re-selecting and holding a basket of 500 different stocks every day. That is a multi-asset, cross-sectional portfolio strategy, which is outside the scope of the single-ticker engine we can run here. Two possible approaches: 1. Use a proxy index. If you mainly want a high-level sense of performance, we could back-test an ETF that already represents the most heavily traded names (for example SPY for the S&P 500, or another high-liquidity index ETF) as a rough proxy. 2. Run a full multi-asset back-test offline. We could outline the logic and code you’d need to implement the real “top-500-by-volume” strategy in a separate environment (e.g., Python with pandas/zipline/backtrader), but the actual computation wouldn’t run inside this chat. Please let me know which path you’d like to follow (or if there’s another you have in mind), and I’ll proceed accordingly.