The S&P/ASX 200 Index (ASX: XJO) is again putting on some welcome gains as it currently stands this Tuesday. Yesterday saw the ASX 200 kick off the week on the right foot, and today, the ASX 200 has again delivered, currently enjoying a rise of 0.4% to just over 6,960 points.
But let's now delve a little deeper into these gains and take stock of the ASX 200 shares that are currently topping the share market's trading volume charts, according to investing.com.
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The 3 most traded ASX 200 shares by volume this Tuesday
Lake Resources N.L. (ASX: LKE)
Our first ASX 200 share of the day is the lithium stock Lake Resources. So far this Tuesday, a hefty 17.8 million Lake shares have swum across the ASX to a new owner. This volume could be a result of the short-seller attack Lake Resources is enduring today.
As we covered here earlier, J Capital has put out some allegations that question some of Lake's claims over its Kachi Project. Investors have reacted warily by selling down Lake Resources shares by 2.18% to $1.12 each so far this Tuesday. This is probably the cause of the high volumes we are seeing.
Pilbara Minerals Ltd (ASX: PLS)
Another ASX 200 lithium share is next up with Pilbara Minerals. This Tuesday has seen a notable 25.41 million Pilbara shares swapping hands as it currently stands. There's been no fresh news out of Pilbara either. But the lithium producer has had more fortune today than its peer Lake Resources.
The Pilbara share price is up a pleasing 5.2% at $5.47 a share, closing in on its 52-week and record high of $5.66. This strong rise is almost certainly behind the volumes we are seeing.
Core Lithium Ltd (ASX: CXO)
Finally today we have yet another ASX 200 lithium stock in Core Lithium. This Tuesday's session has seen a notable 28.43 million Core shares find a new home thus far. Like Pilbara, Core Lithium has seen some welcome share price appreciation.
The company's shares are currently enjoying a 4.5% gain to $1.52 each, despite dipping into the red this morning. With no other news or announcements out from the company, we can assume that this is the catalyst for the elevated trading volumes on display.
