Takung Art (NYSEAMERICAN:TKAT) Trading 3.2% Higher

Takung Art Co., Ltd. (NYSEAMERICAN:TKAT) shares traded up 3.2% on Monday . 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 Inflows and Outflows

Large investors have recently bought and sold shares of the business. Virtu Financial LLC raised its holdings in Takung Art by 55.9% in the first quarter. Virtu Financial LLC now owns 42,026 shares of the company’s stock worth $26,000 after buying an additional 15,073 shares during the last quarter. Renaissance Technologies LLC purchased a new position in Takung Art in the third quarter worth about $29,000. Finally, Jane Street Group LLC purchased a new position in Takung Art in the first quarter worth about $66,000. 0.54% of the stock is owned by hedge funds and other 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.