Takung Art (NYSEAMERICAN:TKAT) Stock Price Up 3.2%

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

Takung Art Stock Performance

Hedge Funds Weigh In On Takung Art

Several large investors have recently bought and sold shares of TKAT. Renaissance Technologies LLC purchased a new stake in shares of Takung Art during the 3rd quarter valued at $29,000. Jane Street Group LLC purchased a new stake in shares of Takung Art during the 1st quarter valued at $66,000. Finally, Virtu Financial LLC purchased a new stake in shares of Takung Art during the 1st quarter valued at $83,000. 0.54% of the stock is currently owned by institutional investors.

About Takung Art

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.