VirnetX Holding Co. (NYSE:VHC) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 14,374,576 shares, a drop of 0.1% from the September 15th total of 14,384,180 shares. Based on an average trading volume of 803,107 shares, the days-to-cover ratio is presently 17.9 days. Approximately 29.6% of the company’s shares are sold short.

Several hedge funds have recently added to or reduced their stakes in VHC. GSA Capital Partners LLP bought a new stake in VirnetX Holding during the second quarter worth approximately $104,000. Carl Domino Inc boosted 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 worth $108,000 after buying an additional 3,117 shares in the last quarter. SG Americas Securities LLC bought a new stake in VirnetX Holding during the second quarter worth approximately $124,000. Societe Generale bought a new stake in VirnetX Holding during the second quarter worth approximately $124,000. Finally, Metropolitan Life Insurance Co. NY bought a new stake in VirnetX Holding during the first quarter worth approximately $163,000.

VirnetX Holding (NYSE:VHC) opened at 3.82 on Thursday. The stock’s market capitalization is $216.44 million. VirnetX Holding has a 12 month low of $1.95 and a 12 month high of $9.64. The stock’s 50 day moving average is $3.06 and its 200-day moving average is $3.88.

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.

5 Day Chart for NYSE:VHC

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