Takung Art (NYSEAMERICAN:TKAT) Trading 3.2% Higher

Takung Art Co., Ltd. (NYSEAMERICAN:TKAT)’s share price shot up 3.2% during mid-day trading on Tuesday . The company traded as high as $0.20 and last traded at $0.20. 143,200 shares were traded during mid-day trading, a decline of 73% from the average session volume of 529,923 shares. The stock had previously closed at $0.19.

Takung Art Stock Up 3.2 %

Institutional Trading of Takung Art

Institutional investors have recently bought and sold shares of the business. Virtu Financial LLC acquired a new position in shares of Takung Art during the 1st quarter worth about $83,000. Jane Street Group LLC purchased a new stake in Takung Art during the first quarter worth approximately $66,000. Finally, Renaissance Technologies LLC acquired a new position in Takung Art in the third quarter valued at approximately $29,000. 0.54% of the stock is owned by hedge funds and other institutional investors.

Takung Art Company Profile

Takung Art Co, Ltd., through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token (NFT) primarily in the People's Republic of China. The company's electronic online platform www.nftoeo.com offers online listing and trading services that allow artists/art dealers/owners to access art trading market where they can engage with a range of investors, as well as invests in artwork.