Short Interest in VirnetX Holding Co. (VHC) Expands By 1.2%

VirnetX Holding Co. (NYSEAMERICAN:VHC) was the target of a significant growth in short interest in March. As of March 29th, there was short interest totalling 12,322,748 shares, a growth of 1.2% from the March 15th total of 12,179,906 shares. Based on an average trading volume of 247,776 shares, the short-interest ratio is currently 49.7 days. Currently, 20.4% of the company’s stock are short sold.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VHC. The Manufacturers Life Insurance Company increased its position in VirnetX by 68.0% during the second quarter. The Manufacturers Life Insurance Company now owns 43,482 shares of the technology company’s stock worth $198,000 after buying an additional 17,600 shares during the last quarter. Wells Fargo & Company MN increased its position 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 buying an additional 19,240 shares during the last quarter. BlackRock Inc. increased its position in VirnetX by 0.8% during the fourth quarter. BlackRock Inc. now owns 3,056,478 shares of the technology company’s stock worth $11,309,000 after buying an additional 23,453 shares during the last quarter. Geode Capital Management LLC increased its position in VirnetX by 6.7% during the fourth quarter. Geode Capital Management LLC now owns 429,614 shares of the technology company’s stock worth $1,589,000 after buying an additional 26,992 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. increased its position in VirnetX by 13.3% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 278,797 shares of the technology company’s stock worth $1,032,000 after buying an additional 32,811 shares during the last quarter.

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VHC traded up $0.10 on Tuesday, hitting $4.10. 918,663 shares of the company were exchanged, compared to its average volume of 270,649. VirnetX has a 12 month low of $2.03 and a 12 month high of $8.75.

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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.

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