It was recorded a decrease on Takung Art CO LTD. (NYSEAMERICAN:TKAT)’s shares shorted with 98.75%. FINRA announced in November TKAT’s total 100 shares shorted. That’s 98.75% down from 8,000 shares.
TKAT hit $0.8 during the last trading session after $0.04 change.Takung Art Co., Ltd. has volume of 3,895 shares. Since November 10, 2017 TKAT has declined 84.19% and is downtrending. The stock underperformed the S&P 500 by 99.81%.
Takung Art Co., Ltd., through its subsidiary, HongKong Takung Assets and Equity of Artworks Exchange Co., Ltd., operates an electronic online platform located at eng.takungae.com for artists, art dealers, and art investors to offer and trade in valuable artwork in ownership units in the People's Republic of China.The firm is valued at $8.98 million. It offers online listing and trading services that allow artists/art dealers/owners to access an art trading market where they can engage with a range of investors.Currently it has negative earnings. The company's platform engages in the offering and trading of artwork, such as calligraphy, paintings, sculptures, crafts, jade, jewelry, metal ware, ceramics, and antique furniture.
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