Time to Reconsider Takung Art CO LTD. (NYSEAMERICAN:TKAT) After Less Short Sellers?

March 13, 2018 - By Darrin Black

 Time to Reconsider Takung Art CO LTD. (NYSEAMERICAN:TKAT) After Less Short Sellers?

The stock of Takung Art CO LTD. (NYSEAMERICAN:TKAT) registered a decrease of 83.33% in short interest. TKAT’s total short interest was 100 shares in March as published by FINRA. Its down 83.33% from 600 shares, reported previously.

The stock increased 0.01% or $0.0001 during the last trading session, reaching $2.0201. About 600 shares traded. Takung Art Co., Ltd. (NYSEAMERICAN:TKAT) has 0.00% since March 13, 2017 and is . It has underperformed by 16.70% the S&P500.

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 company has market cap of $22.60 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. It has a 8.42 P/E ratio. 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.

More notable recent Takung Art Co., Ltd. (NYSEAMERICAN:TKAT) news were published by: Seekingalpha.com which released: “Takung Art Co.: Is This Small Cap An Artful Way To Invest?” on November 16, 2016, also Reuters.com with their article: “Painting by numbers? China art trading house promises investors sound platform” published on February 19, 2016, Seekingalpha.com published: “Takung Art Company: A Small-Cap With Huge Profit Potential” on June 09, 2016. More interesting news about Takung Art Co., Ltd. (NYSEAMERICAN:TKAT) were released by: Seekingalpha.com and their article: “How To Invest In Fine Art Without A Million Dollars – Takung Art Company” published on March 14, 2017 as well as Digitaljournal.com‘s news article titled: “Takung To Participate in The 30th Annual Roth Conference in California” with publication date: March 06, 2018.

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