Takung Art (NYSEAMERICAN:TKAT) Trading Up 2%

Takung Art Co., Ltd. (NYSEAMERICAN:TKAT – Get Rating)’s stock price was up 2% on Friday . The stock traded as high as $0.59 and last traded at $0.56. Approximately 23,683 shares changed hands during trading, a decline of 92% from the average daily volume of 312,985 shares. The stock had previously closed at $0.55.

Takung Art Stock Performance

Institutional Investors Weigh In On Takung Art

A number of hedge funds have recently made changes to their positions in the business. Virtu Financial LLC raised its stake in shares of Takung Art by 55.9% during the 1st quarter. Virtu Financial LLC now owns 42,026 shares of the company’s stock worth $26,000 after purchasing an additional 15,073 shares during the period. Renaissance Technologies LLC purchased a new stake in Takung Art in the 3rd quarter worth about $29,000. Jane Street Group LLC purchased a new stake in Takung Art in the 1st quarter worth about $66,000. Finally, Susquehanna International Group LLP purchased a new stake in Takung Art in the 4th quarter worth about $52,000. 1.10% of the stock is currently owned by institutional investors.

Takung Art Company Profile

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Takung Art Co, Ltd. is a holding company, which operates an electronic online platform for artists, art dealers, and art investors to offer and trade in ownership over valuable artwork in the form of non-fungible token or NFT. It provides NFT consulting with respect to the strategic utilization of blockchain technology and NFT launch.