Traders Purchase Large Volume of Nano Dimension Call Options (NASDAQ:NNDM)

Nano Dimension Ltd. (NASDAQ:NNDM) was the recipient of unusually large options trading on Tuesday. Stock investors acquired 32,425 call options on the company. This represents an increase of 2,138% compared to the typical volume of 1,449 call options.

Nano Dimension Trading Down 3.7 %

Shares of Nano Dimension stock opened at $2.33 on Thursday. The business has a 50-day moving average price of $2.31 and a two-hundred day moving average price of $2.29. Nano Dimension has a 1-year low of $2.04 and a 1-year high of $3.01. The company has a market cap of $495.02 million, a P/E ratio of -5.68 and a beta of 1.65.

Institutional Trading of Nano Dimension

Large investors have recently bought and sold shares of the business. Clearline Capital LP grew its stake in shares of Nano Dimension by 5.8% in the 2nd quarter. Clearline Capital LP now owns 4,667,921 shares of the technology company’s stock valued at $10,269,000 after buying an additional 256,449 shares during the period. State Street Corp grew its stake in shares of Nano Dimension by 0.5% in the 3rd quarter. State Street Corp now owns 2,081,161 shares of the technology company’s stock valued at $5,099,000 after buying an additional 10,950 shares during the period. ARK Investment Management LLC grew its stake in shares of Nano Dimension by 2.2% in the 3rd quarter. ARK Investment Management LLC now owns 1,777,140 shares of the technology company’s stock valued at $4,354,000 after buying an additional 37,579 shares during the period. Arete Wealth Advisors LLC grew its stake in shares of Nano Dimension by 6.3% in the 3rd quarter. Arete Wealth Advisors LLC now owns 882,534 shares of the technology company’s stock valued at $2,158,000 after buying an additional 52,189 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Nano Dimension by 86.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 383,189 shares of the technology company’s stock valued at $939,000 after buying an additional 177,951 shares during the period. 33.89% of the stock is currently 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.