New York State Common Retirement Fund Sells 12,513 Shares of Nano-X Imaging Ltd. (NASDAQ:NNOX)

The New York State Common Retirement Fund is a public pension fund that manages retirement benefits for state employees and retirees in New York. The fund has been investing in Nano-X Imaging Ltd. NASDAQNNOX since at least the second quarter of 2019, according to the company's filings with the Securities & Exchange Commission (SEC).

In its most recent Form 13F filing, which covers the third quarter of 2021, the fund reported selling 12,513 shares of Nano-X Imaging Ltd. NASDAQNNOX, reducing its stake in the company by approximately 61.0%. After the sale, the fund owned 7,987 shares of the company's stock, which represents a 48.0% ownership stake.

Nano-X Imaging Ltd. is a medical imaging technology company that develops and sells non-invasive molecular imaging systems for use in clinical research and drug development. The company's flagship product is the NanoSpectra™ system, which uses a combination of magnetic resonance imaging (MRI) and positron emission tomography (PET) to provide detailed images of the distribution of molecules within the body.

The sale of shares by the New York State Common Retirement Fund may indicate that the fund is no longer confident in the long-term prospects of Nano-X Imaging Ltd. or that it has found better investment opportunities elsewhere. However, it's important to note that this is just one data point and should not be taken as a definitive indication of the company's future performance.