360 ONE WAM Ltd Sees 20.65% Surge in Open Interest to 12,195 Contracts

360 ONE WAM Ltd, a mid-cap player in the capital markets sector, has experienced a significant increase in open interest (OI) today. The latest OI stands at 12,195 contracts, reflecting a rise of 2,087 contracts or 20.65% from the previous OI of 10,108. This surge in OI comes alongside a trading volume of 19,975 contracts, indicating heightened activity in the stock.
In terms of price performance, 360 ONE WAM has outperformed its sector by 0.31%, marking a consecutive gain over the last four days with a total return of 5.98% during this period. The stock reached an intraday high of Rs 1,156.5, representing a 2.64% increase for the day. Notably, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.

Additionally, the stock has seen a notable rise in delivery volume, with 645,000 shares delivered on October 14, up 62.28% compared to the 5-day average. With a market capitalization of Rs 45,400 crore, 360 ONE WAM continues to demonstrate robust liquidity, supporting trade sizes of Rs 1.89 crore based on 2% of the 5-day average traded value. Overall, the increase in open interest and positive price movements highlight the stock's current market dynamics.