Stock Traders Purchase High Volume of Nano Dimension Put Options (NASDAQ:NNDM)

Nano Dimension Ltd. (NASDAQ:NNDM - Get Free Report) was the target of some unusual options trading activity on Wednesday. Stock traders acquired 26,707 put options on the company. This represents an increase of approximately 969% compared to the average volume of 2,498 put options.

Nano Dimension Price Performance

NASDAQ:NNDM traded down $0.03 during trading hours on Friday, reaching $1.68. The company's stock had a trading volume of 2,652,440 shares, compared to its average volume of 1,489,006. Nano Dimension has a one year low of $1.62 and a one year high of $2.85. The business's 50-day moving average is $2.26 and its 200-day moving average is $2.29. The company has a market cap of $356.93 million, a price-to-earnings ratio of -4.10 and a beta of 1.45.

Hedge Funds Weigh In On Nano Dimension

A number of institutional investors have recently modified their holdings of the company. Orion Portfolio Solutions LLC acquired a new position in Nano Dimension in the 3rd quarter valued at $25,000. Insigneo Advisory Services LLC bought a new stake in Nano Dimension during the fourth quarter valued at about $25,000. OneDigital Investment Advisors LLC acquired a new stake in shares of Nano Dimension in the fourth quarter valued at about $25,000. Tower Research Capital LLC TRC increased its stake in shares of Nano Dimension by 717.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 12,831 shares of the technology company's stock worth $32,000 after purchasing an additional 11,261 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Nano Dimension during the 4th quarter worth about $33,000. Institutional investors own 33.89% of the company's stock.

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About Nano Dimension

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.