Investors Purchase Large Volume of Nano Dimension Put Options (NASDAQ:NNDM)

Nano Dimension Ltd. (NASDAQ:NNDM) was the recipient of unusually large options trading on Monday. Traders bought 3,000 put options on the stock. This represents an increase of 283% compared to the average daily volume of 783 put options.

Nano Dimension Trading Down 0.9 %

Nano Dimension stock opened at $2.14 on Wednesday. Nano Dimension has a 12-month low of $2.04 and a 12-month high of $3.01. The firm has a market capitalization of $454.66 million, a price-to-earnings ratio of -4.65 and a beta of 1.65. The firm has a 50 day moving average of $2.23 and a 200 day moving average of $2.45.

Nano Dimension (NASDAQ:NNDM) last issued its quarterly earnings results on Tuesday, August 20th. The technology company reported ($0.20) earnings per share (EPS) for the quarter. The business had revenue of $14.99 million during the quarter. Nano Dimension had a negative return on equity of 14.80% and a negative net margin of 266.36%.

Institutional Trading of Nano Dimension

Hedge funds have recently bought and sold shares of the stock. Keynote Financial Services LLC purchased a new stake in Nano Dimension during the first quarter valued at $36,000. Virtu Financial LLC bought a new stake in Nano Dimension in the first quarter worth $42,000. Swiss National Bank boosted its stake in Nano Dimension by 5.1% during the first quarter. Swiss National Bank now owns 455,500 shares of the technology company’s stock worth $1,269,000 after buying an additional 22,200 shares during the period. California State Teachers Retirement System increased its position in Nano Dimension by 10.7% during the first quarter. California State Teachers Retirement System now owns 234,586 shares of the technology company’s stock valued at $653,000 after acquiring an additional 22,580 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC lifted its holdings in shares of Nano Dimension by 15.3% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 261,022 shares of the technology company’s stock worth $574,000 after acquiring an additional 34,625 shares during the last quarter. Hedge funds and other institutional investors own 33.89% of the company’s stock.

Nano Dimension Company Profile

Nano Dimension Ltd., together with its subsidiaries, engages in additive manufacturing solutions in Israel and internationally. The company offers 3D printers, comprising AME systems, which are inkjet printers, that produces Hi-PEDs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components; micro additive manufacturing systems, a digital light processing printers (DLP) that achieves production-grade polymer and composite parts; and industrial additive manufacturing systems, that utilizes a patented foil system that fabricates ceramic and metal parts.