Takung Art (NYSEAMERICAN:TKAT) Trading 3.2% Higher

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

Takung Art Trading Up 3.2 %

Institutional Investors Weigh In On Takung Art

Institutional investors and hedge funds have recently bought and sold shares of the company. Virtu Financial LLC bought a new position in shares of Takung Art during the first quarter valued at approximately $83,000. Jane Street Group LLC purchased a new stake in Takung Art during the first quarter worth $66,000. Finally, Renaissance Technologies LLC bought a new stake in Takung Art during the 3rd quarter valued at $29,000. 0.54% of the stock is 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.