VirnetX Holding Co. (VHC) Sees Strong Trading Volume
VirnetX Holding Co. (NYSE:VHC) saw unusually-high trading volume on Wednesday . Approximately 1,860,553 shares were traded during mid-day trading, an increase of 198% from the previous session’s volume of 623,530 shares.The stock last traded at $3.30 and had previously closed at $2.82.
The stock has a 50 day moving average of $2.66 and a 200 day moving average of $3.99. The stock’s market cap is $183.01 million.
Several hedge funds and other institutional investors have recently made changes to their positions in VHC. GSA Capital Partners LLP bought a new stake in VirnetX Holding during the second quarter valued at approximately $104,000. Carl Domino Inc raised its stake in VirnetX Holding by 13.1% in the second quarter. Carl Domino Inc now owns 26,940 shares of the company’s stock valued at $108,000 after buying an additional 3,117 shares during the period. SG Americas Securities LLC bought a new stake in VirnetX Holding during the second quarter valued at approximately $124,000. Societe Generale bought a new stake in VirnetX Holding during the second quarter valued at approximately $124,000. Finally, Metropolitan Life Insurance Co. NY bought a new stake in VirnetX Holding during the first quarter valued at approximately $163,000.
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About VirnetX Holding
VirnetX Holding Corporation is an Internet security software and technology Company with a technology for secure communications, including fourth-generation (4G) long term evolution (LTE) security. The Company’s software and technology solutions, including its secure domain name registry and GABRIEL Connection Technology, facilitate secure communications and provide the security platform required by Internet-based applications, such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop and machine-to-machine (M2M) communications.
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