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

Takung Art Co., Ltd. (NYSEAMERICAN:TKAT)’s share price shot up 3.2% during trading on Tuesday . The stock traded as high as $0.20 and last traded at $0.20. 143,200 shares traded hands 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 Price Performance

Institutional Investors Weigh In On Takung Art

Several hedge funds have recently added to or reduced their stakes in TKAT. Renaissance Technologies LLC bought a new position in shares of Takung Art during the third quarter valued at $29,000. Jane Street Group LLC bought a new position in shares of Takung Art during the first quarter valued at $66,000. Finally, Virtu Financial LLC bought a new position in shares of Takung Art during the first quarter valued at $83,000. 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.