VirnetX Holding Co. (VHC) Short Interest Down 0.1% in September
VirnetX Holding Co. (NYSE:VHC) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 14,374,576 shares, a decrease of 0.1% from the September 15th total of 14,384,180 shares. Approximately 29.6% of the shares of the stock are short sold. Based on an average trading volume of 803,107 shares, the short-interest ratio is presently 17.9 days.
A number of hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of VirnetX Holding by 5.2% in the second quarter. Vanguard Group Inc. now owns 1,707,845 shares of the company’s stock worth $6,831,000 after buying an additional 84,082 shares in the last quarter. BlackRock Fund Advisors boosted its stake in VirnetX Holding by 7.3% in the second quarter. BlackRock Fund Advisors now owns 1,260,616 shares of the company’s stock valued at $5,042,000 after buying an additional 85,810 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in VirnetX Holding by 0.4% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,094,878 shares of the company’s stock valued at $4,380,000 after buying an additional 4,383 shares during the period. State Street Corp boosted its stake in VirnetX Holding by 4.7% in the second quarter. State Street Corp now owns 755,373 shares of the company’s stock valued at $3,019,000 after buying an additional 34,021 shares during the period. Finally, Geode Capital Management LLC boosted its stake in VirnetX Holding by 13.8% in the first quarter. Geode Capital Management LLC now owns 288,308 shares of the company’s stock valued at $1,323,000 after buying an additional 34,957 shares during the period.
Shares of VirnetX Holding (NYSE:VHC) opened at 3.82 on Thursday. The company’s 50-day moving average is $3.06 and its 200 day moving average is $3.88. VirnetX Holding has a 52 week low of $1.95 and a 52 week high of $9.64. The stock’s market cap is $216.44 million.
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VirnetX Holding Company Profile
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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