VirnetX Holding Co. (VHC) Short Interest Update

VirnetX Holding Co. (NYSEAMERICAN:VHC) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 12,242,582 shares, an increase of 1.8% from the February 15th total of 12,025,287 shares. Based on an average daily volume of 332,473 shares, the days-to-cover ratio is currently 36.8 days. Currently, 27.1% of the company’s stock are sold short.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN raised its stake in VirnetX by 40.4% during the third quarter. Wells Fargo & Company MN now owns 66,852 shares of the technology company’s stock worth $261,000 after acquiring an additional 19,240 shares during the period. Vanguard Group Inc. raised its stake in VirnetX by 31.0% during the second quarter. Vanguard Group Inc. now owns 1,911,359 shares of the technology company’s stock worth $8,697,000 after acquiring an additional 452,810 shares during the period. Northern Trust Corp raised its stake in VirnetX by 10.4% during the second quarter. Northern Trust Corp now owns 581,509 shares of the technology company’s stock worth $2,646,000 after acquiring an additional 54,563 shares during the period. State Street Corp raised its stake in VirnetX by 4.0% during the second quarter. State Street Corp now owns 843,673 shares of the technology company’s stock worth $3,841,000 after acquiring an additional 32,580 shares during the period. Finally, L & S Advisors Inc raised its stake in VirnetX by 24.7% during the third quarter. L & S Advisors Inc now owns 198,550 shares of the technology company’s stock worth $774,000 after acquiring an additional 39,300 shares during the period.

How to Become a New Pot Stock Millionaire

Shares of VirnetX (VHC) opened at $4.00 on Friday. The stock has a market cap of $235.34, a PE ratio of -12.50 and a beta of 0.49. VirnetX has a 12 month low of $1.70 and a 12 month high of $8.75.

ILLEGAL ACTIVITY NOTICE: This report was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at https://sportsperspectives.com/2018/03/10/virnetx-holding-co-vhc-short-interest-update.html.

About VirnetX

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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VirnetX and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply