Nano Dimension Ltd. (NASDAQ:NNDM) Short Interest Up 65.1% in September
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.
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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