Virnetx Holding Corporation (NYSEAMERICAN:VHC) Has Decline in Shorts

February 3, 2018 - By Clifton Ray

 Virnetx Holding Corporation (NYSEAMERICAN:VHC) Has Decline in Shorts

The stock of Virnetx Holding Corporation (NYSEAMERICAN:VHC) registered a decrease of 4% in short interest. VHC’s total short interest was 13.38M shares in February as published by FINRA. Its down 4% from 13.94M shares, reported previously. With 397,400 shares average volume, it will take short sellers 34 days to cover their VHC’s short positions. The short interest to Virnetx Holding Corporation’s float is 26.48%.

The stock decreased 1.45% or $0.05 during the last trading session, reaching $3.4. About 231,460 shares traded. VirnetX Holding Corp (NYSEAMERICAN:VHC) has declined 20.93% since February 3, 2017 and is downtrending. It has underperformed by 37.63% the S&P500.

VirnetX Holding Corporation develops software and technology solutions for securing real-time communications over the Internet in the United States. The company has market cap of $200.04 million. The Company’s software and technology solutions include secure domain name registry and GABRIEL Connection Technology that are designed to secure communications various real-time communications over the Internet, as well as enable organizations and individuals to establish communities of secure, registered users, and transmit information between various devices, networks, and operating systems. It currently has negative earnings. These secure network communities are designed to support content applications, such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, and remote desktop in a secure environment.

More notable recent VirnetX Holding Corp (NYSEAMERICAN:VHC) news were published by: Seekingalpha.com which released: “VirnetX And Apple: David Vs. Goliath Round 2” on August 31, 2016, also Fool.com with their article: “Why VirnetX Holding Corp. Shares Jumped 63% Higher Today” published on October 02, 2017, Seekingalpha.com published: “Closing Danger Zone Pick: VirnetX Holding Corp.” on September 06, 2017. More interesting news about VirnetX Holding Corp (NYSEAMERICAN:VHC) were released by: Seekingalpha.com and their article: “VirnetX: The Home Stretch” published on September 23, 2016 as well as Marketwatch.com‘s news article titled: “VirnetX Holding Corp.” with publication date: April 26, 2016.

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