AU Small Finance Bank Sees Surge in Open Interest Amid Active Trading Environment

AU Small Finance Bank Ltd (AUBANK) has experienced a significant increase in open interest today, reflecting heightened activity in its trading. The latest open interest stands at 33,851 contracts, marking a rise of 3,096 contracts or 10.07% from the previous open interest of 30,755. The trading volume for the day reached 39,011 contracts, contributing to a futures value of approximately Rs 62,027.82 lakhs and an options value of Rs 24,028.61 crores, bringing the total value to Rs 67,060.16 lakhs.
In terms of price performance, AU Small Finance Bank hit a new 52-week high of Rs 782.6 today, reflecting a 4.41% increase during the trading session. The stock has outperformed its sector by 2.18% and has shown a consecutive gain over the last two days, accumulating a total return of 6.62% in this period. Notably, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a slight decline in delivery volume, which fell by 2.88% against the 5-day average, AU Small Finance Bank remains liquid enough for trades of Rs 5.77 crores based on 2% of the 5-day average traded value. Overall, the notable increase in open interest and the stock's recent performance highlight its active trading environment.