Skechers Shares Edge Higher as High-Volatility Trading Strategy Posts Profit, Stock Ranks 323rd in Daily Volume

Skechers (SKX) closed 0.08% higher on August 19, 2025, with a trading volume of $310 million, ranking 323rd among the day’s most actively traded stocks. The modest gain reflects limited catalysts in the market, as broader equity indices showed mixed performance amid ongoing macroeconomic uncertainty. Analysts noted that the footwear giant’s recent earnings report and product launch cycles remain key focus areas for short-term momentum.

Market participants observed a neutral sentiment environment for the stock, with technical indicators suggesting consolidation around key support levels. While the company’s retail sales data for North America has shown sequential improvement, investors remain cautious about potential inventory management challenges in the second half of the year. Institutional buying activity appears subdued, with no major hedge fund disclosures reported in the preceding quarter.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day yielded a total profit of $2,940 between December 2022 and August 2025. During the same period, the portfolio experienced a maximum drawdown of -$1,960, representing a peak-to-trough decline of 19.6%. These results highlight the strategy’s exposure to short-term volatility while maintaining an overall positive return profile.