VirnetX Holding Co. (NYSE:VHC) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totalling 13,452,283 shares, a decline of 1.6% from the July 14th total of 13,667,688 shares. Currently, 26.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 365,454 shares, the short-interest ratio is currently 36.8 days.

Separately, ValuEngine raised shares of VirnetX Holding from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st.

Shares of VirnetX Holding (VHC) opened at 3.40 on Thursday. The company’s 50-day moving average is $4.29 and its 200-day moving average is $3.19. The stock’s market cap is $197.69 million. VirnetX Holding has a 12-month low of $1.70 and a 12-month high of $5.40.

A number of institutional investors have recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. raised its position in VirnetX Holding by 1.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 27,345 shares of the technology company’s stock valued at $124,000 after buying an additional 340 shares during the period. Cutter & CO Brokerage Inc. raised its position in VirnetX Holding by 50.6% in the second quarter. Cutter & CO Brokerage Inc. now owns 56,550 shares of the technology company’s stock valued at $257,000 after buying an additional 19,000 shares during the period. Rhumbline Advisers raised its position in VirnetX Holding by 1.0% in the second quarter. Rhumbline Advisers now owns 58,813 shares of the technology company’s stock valued at $268,000 after buying an additional 576 shares during the period. Schwab Charles Investment Management Inc. raised its position in VirnetX Holding by 6.2% in the first quarter. Schwab Charles Investment Management Inc. now owns 153,155 shares of the technology company’s stock valued at $353,000 after buying an additional 8,892 shares during the period. Finally, Bank of New York Mellon Corp raised its position in VirnetX Holding by 8.7% in the first quarter. Bank of New York Mellon Corp now owns 207,871 shares of the technology company’s stock valued at $477,000 after buying an additional 16,720 shares during the period.

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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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