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

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Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report) saw some unusual options trading on Tuesday. Stock traders acquired 4,243 call options on the stock. This represents an increase of 77% compared to the typical daily volume of 2,397 call options.

Nano Dimension Price Performance

Shares of NNDM traded down $0.03 during mid-day trading on Friday, reaching $1.68. The company had a trading volume of 2,652,440 shares, compared to its average volume of 1,489,006. The company has a market capitalization of $356.93 million, a P/E ratio of -4.10 and a beta of 1.45. Nano Dimension has a twelve month low of $1.62 and a twelve month high of $2.85. The company's 50-day moving average is $2.26 and its 200-day moving average is $2.29.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in shares of Nano Dimension by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 103,330 shares of the technology company's stock worth $253,000 after purchasing an additional 5,437 shares during the last quarter. Barclays PLC boosted its position in Nano Dimension by 3,479.1% in the third quarter. Barclays PLC now owns 40,301 shares of the technology company's stock valued at $99,000 after buying an additional 39,175 shares in the last quarter. Blue Trust Inc. grew its stake in Nano Dimension by 188.6% during the fourth quarter. Blue Trust Inc. now owns 18,862 shares of the technology company's stock worth $47,000 after buying an additional 12,326 shares during the last quarter. State Street Corp increased its holdings in shares of Nano Dimension by 0.5% during the third quarter. State Street Corp now owns 2,081,161 shares of the technology company's stock worth $5,099,000 after buying an additional 10,950 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Nano Dimension by 83.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,031 shares of the technology company's stock valued at $83,000 after acquiring an additional 15,485 shares during the last quarter. 33.89% of the stock is currently owned by institutional investors and hedge funds.

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Nano Dimension Company Profile

(Get Free Report)

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.

Further Reading

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