Why did FLOT.TO stock see a pre-market volume spike?

A pre-market spike often reflects block trades, dealer rebalancing, or large client flows into floating-rate credit. The unchanged price with high volume suggests liquidity activity rather than fresh directional conviction.

What are the key risk metrics for FLOT.TO stock?

Key risks are credit spread widening, fund liquidity stress and potential distribution changes. The fund lacks standard EPS or PE metrics, so focus on yield, NAV behavior and credit quality.

How should traders react to the FLOT.TO volume surge?

Traders should wait for post-open confirmation and sustained volume before increasing size. Use limit orders and monitor whether intraday volume stays above **10x** the average to indicate follow-through.

What does Meyka AI forecast imply for FLOT.TO stock?

Meyka AI's model projects **C$5.21** in 1 year for FLOT.TO, implying **-33.82%** versus C$7.87 today. This is model-based and not a guarantee; use it as one input in your research.

CA Stocks

Vol Spike: FLOT.TO (Purpose Global Flexible Credit Fund TSX) pre-market 20 Feb alert

ByHuzaifa Zahoor February 20, 2026February 20, 2026

FLOT.TO stock is showing a clear pre-market volume spike on the TSX, trading at C$7.87 with 28,878 shares traded versus an average of 980. That gives a relative volume of 29.47, a raw signal that institutional or block activity may be present. Day range is C$7.86–7.87, with a 52-week range of C$6.21–C$8.12. We centre this note on the volume surge and what it implies for traders and income-focused investors in this Canadian-listed floating-rate credit fund.