What’s Propelling Virnetx Holding Corporation (NYSEAMERICAN:VHC) After Higher Shorts Reported?

December 5, 2017 - By Louis Casey

 What’s Propelling Virnetx Holding Corporation (NYSEAMERICAN:VHC) After Higher Shorts Reported?

The stock of Virnetx Holding Corporation (NYSEAMERICAN:VHC) registered an increase of 2% in short interest. VHC’s total short interest was 14.16M shares in December as published by FINRA. Its up 2% from 13.88M shares, reported previously. With 1.10M shares average volume, it will take short sellers 13 days to cover their VHC’s short positions. The short interest to Virnetx Holding Corporation’s float is 28.02%.

It closed at $3.6 lastly. It is down 20.93% since December 5, 2016 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 $211.81 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: Fool.com which released: “Why Shares of VirnetX Holding Corp. Jumped Today” on October 19, 2017, also Fool.com with their article: “Why VirnetX Holding Corporation Stock Plunged Today” published on October 16, 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: Fool.com and their article: “Why VirnetX Holding Corp. Shares Jumped 63% Higher Today” published on October 02, 2017 as well as Fool.com‘s news article titled: “Why VirnetX Holding, Badger Meter, and MannKind Slumped Today” with publication date: October 17, 2017.

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