Nano Dimension Target of Unusually High Options Trading (NASDAQ:NNDM)

Nano Dimension Ltd. (NASDAQ:NNDM) saw unusually large options trading activity on Monday. Stock investors acquired 3,000 put options on the company. This is an increase of 283% compared to the typical daily volume of 783 put options.

Nano Dimension Stock Performance

Nano Dimension stock opened at $2.16 on Tuesday. Nano Dimension has a 1 year low of $2.04 and a 1 year high of $3.01. The firm’s 50-day moving average is $2.23 and its 200-day moving average is $2.45. The company has a market cap of $458.90 million, a P/E ratio of -4.70 and a beta of 1.65.

Nano Dimension (NASDAQ:NNDM) last issued its 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 Investors Weigh In On Nano Dimension

Large investors have recently added to or reduced their stakes in the stock. Keynote Financial Services LLC bought a new position in shares of Nano Dimension during the first quarter worth about $36,000. Virtu Financial LLC acquired a new position in Nano Dimension during the 1st quarter valued at about $42,000. Swiss National Bank grew its position in Nano Dimension by 5.1% in the 1st quarter. Swiss National Bank now owns 455,500 shares of the technology company’s stock worth $1,269,000 after purchasing an additional 22,200 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Nano Dimension by 10.7% in the first quarter. California State Teachers Retirement System now owns 234,586 shares of the technology company’s stock valued at $653,000 after purchasing an additional 22,580 shares during the period. Finally, Susquehanna Fundamental Investments LLC raised its holdings in shares of Nano Dimension by 15.3% during the second quarter. Susquehanna Fundamental Investments LLC now owns 261,022 shares of the technology company’s stock valued at $574,000 after buying an additional 34,625 shares during the last quarter. 33.89% of the stock is owned by institutional investors and hedge funds.

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.