VirnetX Holding Co. (NYSE:VHC) was the recipient of a large decrease in short interest in the month of 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. Based on an average trading volume of 803,107 shares, the short-interest ratio is currently 17.9 days. Currently, 29.6% of the company’s stock are sold short.
Shares of VirnetX Holding (NYSE:VHC) opened at 3.71 on Friday. VirnetX Holding has a 52 week low of $1.95 and a 52 week high of $9.64. The stock’s market capitalization is $210.21 million. The firm’s 50-day moving average price is $3.12 and its 200 day moving average price is $3.88.
Hedge funds have recently made changes to their positions in the company. BlackRock Fund Advisors increased 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 in the last quarter. BlackRock Investment Management LLC increased its stake in VirnetX Holding by 7.2% in the second quarter. BlackRock Investment Management LLC now owns 181,198 shares of the company’s stock valued at $725,000 after buying an additional 12,179 shares in the last quarter. Vanguard Group Inc. increased its stake in VirnetX Holding by 5.2% in the second quarter. Vanguard Group Inc. now owns 1,707,845 shares of the company’s stock valued at $6,831,000 after buying an additional 84,082 shares in the last quarter. GSA Capital Partners LLP bought a new stake in VirnetX Holding during the second quarter valued at $104,000. Finally, California Public Employees Retirement System increased its stake in VirnetX Holding by 144.4% in the second quarter. California Public Employees Retirement System now owns 117,800 shares of the company’s stock valued at $471,000 after buying an additional 69,600 shares in the last quarter.
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.
Receive News & Ratings for VirnetX Holding Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VirnetX Holding Co. and related companies with MarketBeat.com's FREE daily email newsletter.