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

Nano Dimension Ltd. (NASDAQ:NNDM) was the target of unusually large options trading on Tuesday. Traders purchased 4,243 call options on the company. This represents an increase of 77% compared to the average daily volume of 2,397 call options.

Hedge Funds Weigh In On Nano Dimension

Hedge funds have recently made changes to their positions in the business. Orion Portfolio Solutions LLC bought a new stake in shares of Nano Dimension in the third quarter worth $25,000. Insigneo Advisory Services LLC bought a new stake in Nano Dimension during the 4th quarter worth about $25,000. OneDigital Investment Advisors LLC acquired a new position in shares of Nano Dimension during the 4th quarter worth about $25,000. Tower Research Capital LLC TRC grew its holdings in shares of Nano Dimension by 717.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 12,831 shares of the technology company’s stock valued at $32,000 after acquiring an additional 11,261 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Nano Dimension in the 4th quarter valued at about $33,000. 33.89% of the stock is owned by institutional investors.

Nano Dimension Stock Performance

Shares of Nano Dimension stock opened at $1.73 on Wednesday. The firm has a market cap of $367.55 million, a PE ratio of -4.22 and a beta of 1.45. The business’s 50 day simple moving average is $2.29 and its 200 day simple moving average is $2.30. Nano Dimension has a 52-week low of $1.67 and a 52-week high of $2.87.

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.