Anomaly05STOCKS2026-06-13

First Advantage Volume Jumps 5.2x on S&P SmallCap 600 Inclusion Announcement

First Advantage Corporation experienced a volume spike and price gain following the announcement of its selection for S&P SmallCap 600 inclusion.
The stock rose 5.98% to close at $16.49 on 3.63 million shares, representing 5.21 times its 20-day average volume.
The inclusion, effective June 16, is expected to trigger buying from index-tracking funds seeking to match the index's new composition.

Supporting datasets

Yahoo Finance Historical Prices And Ticker Fundamentals

Prices and metadata for a broad universe of listed tickers

10 tables5.83 GB

Jun 13, 2026

2256

Supporting queries

To surface this insight, Baselight ran 5 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

FA close rose from $15.56 on June 11 to $16.49 on June 12 (+5.98%) on 3,634,364 shares (5.21x the 20-day average of 698,004), following the June 11 announcement that First Advantage will join the S&P SmallCap 600 effective prior to market open on June 16, 2026.