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

Nano Dimension Ltd. (NASDAQ:NNDM) was the recipient of some unusual options trading on Wednesday. Stock traders acquired 10,391 put options on the stock. This is an increase of approximately 445% compared to the average volume of 1,907 put options.

Nano Dimension Price Performance

Shares of Nano Dimension stock traded down $0.18 during trading on Wednesday, hitting $2.24. 1,049,376 shares of the company were exchanged, compared to its average volume of 2,437,982. The firm has a market capitalization of $475.90 million, a P/E ratio of -5.46 and a beta of 1.65. The firm’s fifty day moving average price is $2.31 and its 200 day moving average price is $2.28. Nano Dimension has a 1-year low of $2.04 and a 1-year high of $3.01.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Clearline Capital LP raised its holdings in Nano Dimension by 5.8% in the second quarter. Clearline Capital LP now owns 4,667,921 shares of the technology company’s stock worth $10,269,000 after purchasing an additional 256,449 shares during the period. Jane Street Group LLC lifted its holdings in Nano Dimension by 104.0% during the third quarter. Jane Street Group LLC now owns 379,625 shares of the technology company’s stock worth $930,000 after acquiring an additional 193,546 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Nano Dimension by 86.7% in the third 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 acquiring an additional 177,951 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Nano Dimension in the third quarter worth about $158,000. Finally, Arete Wealth Advisors LLC raised its position 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 worth $2,158,000 after purchasing an additional 52,189 shares during the period. Institutional investors and hedge funds own 33.89% of the company’s stock.

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.