MYDA Advisors LLC Sells 24,779 Shares of Nano Dimension Ltd. (NASDAQ:NNDM)

MYDA Advisors LLC cut its position in shares of Nano Dimension Ltd. (NASDAQ:NNDM) by 49.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,221 shares of the technology company’s stock after selling 24,779 shares during the period. MYDA Advisors LLC’s holdings in Nano Dimension were worth $63,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp increased its position in Nano Dimension by 0.5% during the third quarter. State Street Corp now owns 2,081,161 shares of the technology company’s stock worth $5,099,000 after buying an additional 10,950 shares during the last quarter. Arete Wealth Advisors LLC boosted its stake in shares of Nano Dimension by 3.6% during the 4th quarter. Arete Wealth Advisors LLC now owns 914,559 shares of the technology company’s stock worth $2,259,000 after acquiring an additional 32,025 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Nano Dimension by 606.8% during the 4th quarter. Renaissance Technologies LLC now owns 579,600 shares of the technology company’s stock worth $1,437,000 after acquiring an additional 497,600 shares during the last quarter. Geode Capital Management LLC raised its stake in Nano Dimension by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 500,526 shares of the technology company’s stock valued at $1,241,000 after acquiring an additional 4,870 shares during the period. Finally, Jane Street Group LLC raised its stake in Nano Dimension by 104.0% in the 3rd quarter. Jane Street Group LLC now owns 379,625 shares of the technology company’s stock valued at $930,000 after acquiring an additional 193,546 shares during the period. 33.89% of the stock is owned by institutional investors.

Nano Dimension Price Performance

NNDM stock opened at $1.51 on Friday. The stock has a market cap of $320.81 million, a price-to-earnings ratio of -3.68 and a beta of 1.42. The company has a fifty day moving average price of $1.93 and a two-hundred day moving average price of $2.20. Nano Dimension Ltd. has a one year low of $1.34 and a one year high of $2.75.

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.