Nano Dimension Ltd. (NASDAQ:NNDM) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totalling 1,470,000 shares, an increase of 65.1% from the September 15th total of 890,100 shares. Based on an average daily volume of 4,690,000 shares, the short-interest ratio is presently 0.3 days.

Shares of NNDM stock opened at $4.91 on Friday. The firm’s fifty day moving average price is $1.94 and its two-hundred day moving average price is $37.42. Nano Dimension has a 1 year low of $0.51 and a 1 year high of $6.00. The firm has a market capitalization of $20.38 million, a P/E ratio of -4.72 and a beta of 1.79.

Nano Dimension (NASDAQ:NNDM) last announced its quarterly earnings data on Thursday, August 13th. The technology company reported ($0.27) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by ($0.18). Nano Dimension had a negative net margin of 307.64% and a negative return on equity of 67.17%. The company had revenue of $0.29 million during the quarter.

Large investors have recently bought and sold shares of the business. XTX Markets LLC acquired a new stake in shares of Nano Dimension in the 2nd quarter valued at approximately $31,000. Creative Planning bought a new stake in Nano Dimension during the second quarter worth $34,000. Clearwater Capital Advisors LLC bought a new position in shares of Nano Dimension in the 3rd quarter valued at about $35,000. Psagot Investment House Ltd. acquired a new position in shares of Nano Dimension during the 2nd quarter worth about $36,000. Finally, Wedbush Securities Inc. bought a new stake in shares of Nano Dimension in the 2nd quarter valued at about $83,000. 27.06% of the stock is currently owned by hedge funds and other institutional investors.

About Nano Dimension

Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. Its flagship product is the proprietary DragonFly lights-out digital manufacturing system, a precision system that produces professional multilayer circuit-boards, radio frequency antennas, sensors, conductive geometries, and molded connected devices for prototyping through custom additive manufacturing.

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