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

Nano Dimension Ltd. (NASDAQ:NNDM) saw unusually large options trading activity on Tuesday. Traders bought 32,425 call options on the company. This represents an increase of 2,138% compared to the typical volume of 1,449 call options.

Institutional Trading of Nano Dimension

Institutional investors have recently added to or reduced their stakes in the stock. Orion Portfolio Solutions LLC bought a new stake in shares of Nano Dimension in the 3rd quarter worth approximately $25,000. GAMMA Investing LLC increased its holdings in shares of Nano Dimension by 192.5% in the fourth quarter. GAMMA Investing LLC now owns 15,941 shares of the technology company’s stock worth $40,000 after purchasing an additional 10,492 shares during the period. Point72 Asset Management L.P. bought a new stake in shares of Nano Dimension during the 3rd quarter valued at about $41,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Nano Dimension by 83.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 34,031 shares of the technology company’s stock worth $83,000 after buying an additional 15,485 shares during the last quarter. Finally, Barclays PLC raised its position in Nano Dimension by 3,479.1% during 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 in the last quarter. 33.89% of the stock is currently owned by institutional investors.

Nano Dimension Stock Performance

Shares of NNDM stock traded down $0.21 on Tuesday, hitting $2.41. The company’s stock had a trading volume of 3,762,753 shares, compared to its average volume of 2,739,918. The stock’s 50 day moving average is $2.31 and its 200-day moving average is $2.28. Nano Dimension has a fifty-two week low of $2.04 and a fifty-two week high of $3.01. The company has a market capitalization of $512.02 million, a PE ratio of -5.88 and a beta of 1.65.

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.