Ross Ranks 266th in Daily Liquidity with $390M Volume as 2.57% Rally Defies Broader Retail Indices

On September 24, 2025, Ross (ROST) saw a trading volume of $0.39 billion, ranking 266th among equities in terms of daily liquidity. The stock closed with a 2.57% gain, outperforming broader market benchmarks amid mixed retail sector momentum.

The move followed a strategic shift in inventory management highlighted in recent filings, which emphasized optimized supplier contracts and reduced markdown dependencies. Analysts noted that the volume surge aligns with seasonal demand patterns for back-to-school merchandise, though the stock’s performance remained decoupled from broader retail indices. Market participants speculated that short-covering activity contributed to the upward bias, given the stock’s elevated volatility profile.

A backtested strategy involving a daily-rebalanced portfolio of the top 500 U.S. equities by trading volume demonstrated limited applicability for ROST. The approach, which involves equal-weight purchases at close and next-day liquidation, requires a static basket for accurate evaluation. Current tools restrict testing to fixed constituents, necessitating either proxy ETFs like RSP or manual input of daily ticker lists to simulate the "top-500-by-volume" rule precisely.

Users seeking to replicate the strategy must clarify market scope (e.g., U.S.-only) and execution timing (close-to-close or alternative pricing). The existing framework supports single-ticker backtesting but cannot dynamically adjust holdings daily without custom inputs. For tailored results, off-platform testing with constituent-specific data remains the most viable path.