Nano Dimension Sees Unusually High Options Volume (NASDAQ:NNDM)

Nano Dimension Ltd. (NASDAQ:NNDM) saw some unusual options trading activity on Tuesday. Stock investors bought 32,425 call options on the stock. This is an increase of approximately 2,138% compared to the typical volume of 1,449 call options.

Nano Dimension Trading Down 7.6 %

Nano Dimension stock opened at $2.42 on Wednesday. Nano Dimension has a 1-year low of $2.04 and a 1-year high of $3.01. The firm has a market capitalization of $514.14 million, a PE ratio of -5.90 and a beta of 1.65. The firm’s 50 day simple moving average is $2.31 and its 200 day simple moving average is $2.28.

Institutional Investors Weigh In On Nano Dimension

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Clearline Capital LP increased its stake in Nano Dimension by 5.8% in the 2nd quarter. Clearline Capital LP now owns 4,667,921 shares of the technology company’s stock worth $10,269,000 after acquiring an additional 256,449 shares during the last quarter. Jane Street Group LLC increased its position in shares of Nano Dimension by 104.0% in the third quarter. Jane Street Group LLC now owns 379,625 shares of the technology company’s stock worth $930,000 after purchasing an additional 193,546 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Nano Dimension by 86.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 383,189 shares of the technology company’s stock worth $939,000 after purchasing an additional 177,951 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Nano Dimension in the third quarter valued at approximately $158,000. Finally, Arete Wealth Advisors LLC lifted its position in Nano Dimension by 6.3% during the third quarter. Arete Wealth Advisors LLC now owns 882,534 shares of the technology company’s stock valued at $2,158,000 after purchasing an additional 52,189 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.