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

Nano Dimension Ltd. (NASDAQ:NNDM) was the target of some unusual options trading on Tuesday. Stock traders acquired 32,425 call options on the company. This represents an increase of approximately 2,138% compared to the average volume of 1,449 call options.

Nano Dimension Price Performance

NASDAQ:NNDM opened at $2.42 on Wednesday. The company has a market capitalization of $514.14 million, a price-to-earnings ratio of -5.90 and a beta of 1.65. The business has a 50 day moving average of $2.31 and a 200 day moving average of $2.28. Nano Dimension has a 1-year low of $2.04 and a 1-year high of $3.01.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in NNDM. GAMMA Investing LLC grew its holdings in shares of Nano Dimension by 192.5% during the 4th quarter. GAMMA Investing LLC now owns 15,941 shares of the technology company’s stock valued at $40,000 after purchasing an additional 10,492 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Nano Dimension by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 103,330 shares of the technology company’s stock worth $253,000 after buying an additional 5,437 shares during the period. Tidal Investments LLC lifted its stake in shares of Nano Dimension by 4.6% in the 3rd quarter. Tidal Investments LLC now owns 215,784 shares of the technology company’s stock valued at $529,000 after acquiring an additional 9,538 shares during the last quarter. Barclays PLC lifted 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 purchasing an additional 39,175 shares during the last quarter. Finally, Arete Wealth Advisors LLC boosted its stake in shares of Nano Dimension by 6.3% during the third quarter. Arete Wealth Advisors LLC now owns 882,534 shares of the technology company’s stock valued at $2,158,000 after purchasing an additional 52,189 shares during the period. 33.89% of the stock is owned by hedge funds and other institutional investors.

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.