360 ONE WAM Ltd Sees 19.58% Surge in Open Interest to 12,087 Contracts

360 ONE WAM Ltd, a mid-cap player in the Capital Markets industry, has experienced a significant increase in open interest today, reflecting heightened trading activity. The latest open interest stands at 12,087 contracts, up from the previous 10,108 contracts, marking a change of 1,979 contracts or a 19.58% increase. The trading volume for the day reached 17,941 contracts, indicating robust market engagement.
In terms of price performance, 360 ONE WAM has outperformed its sector by 0.93%, with the stock gaining 2.57% on the day. Over the past four days, the stock has shown a cumulative return of 6.5%. It reached an intraday high of Rs 1,156.5, reflecting a 2.64% increase. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Additionally, the delivery volume on October 14 was recorded at 645,000 shares, a notable rise of 62.28% compared to the 5-day average. With a market capitalization of Rs 45,400 crore, 360 ONE WAM continues to demonstrate liquidity suitable for trades of Rs 1.89 crore. Overall, the increase in open interest and positive price movements highlight the stock's active trading environment.