Takung Art Co Ltd (NYSEAMERICAN:TKAT) Short Interest Up 250.0% in September

Takung Art Co Ltd (NYSEAMERICAN:TKAT) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 700 shares, a growth of 250.0% from the August 15th total of 200 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 16,800 shares, the short-interest ratio is currently 0.0 days.

Takung Art stock traded up $0.06 during midday trading on Friday, hitting $0.60. 48,276 shares of the company’s stock were exchanged, compared to its average volume of 22,790. Takung Art has a 12-month low of $0.35 and a 12-month high of $1.49.

Takung Art (NYSEAMERICAN:TKAT) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $0.63 million for the quarter.

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 valuable artwork primarily in the People's Republic of China. Its electronic online platform is located at takungae.com. The company 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.

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