Takung Art (NYSEAMERICAN:TKAT) Trading 3.2% Higher

Takung Art Co., Ltd. (NYSEAMERICAN:TKATGet Free Report) 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

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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.

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