VirnetX Holding Co. (NYSEAMERICAN:VHC) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 8,612,074 shares, a growth of 0.8% from the February 28th total of 8,547,908 shares. Based on an average trading volume of 881,693 shares, the days-to-cover ratio is presently 9.8 days. Approximately 14.7% of the shares of the stock are short sold.

In other news, CEO Kendall Larsen sold 75,000 shares of the firm’s stock in a transaction on Tuesday, January 15th. The stock was sold at an average price of $4.28, for a total value of $321,000.00. Following the completion of the sale, the chief executive officer now directly owns 6,404,710 shares in the company, valued at $27,412,158.80. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Robert D. Short III sold 35,000 shares of the firm’s stock in a transaction on Tuesday, January 15th. The shares were sold at an average price of $5.41, for a total value of $189,350.00. Following the completion of the sale, the insider now owns 115,866 shares of the company’s stock, valued at $626,835.06. The disclosure for this sale can be found here. Insiders have sold 630,425 shares of company stock valued at $3,201,657 over the last quarter.

Several large investors have recently made changes to their positions in the company. BlackRock Inc. increased its stake in shares of VirnetX by 0.7% in the fourth quarter. BlackRock Inc. now owns 3,823,317 shares of the technology company’s stock valued at $9,176,000 after buying an additional 26,474 shares in the last quarter. Vanguard Group Inc increased its stake in shares of VirnetX by 3.8% in the third quarter. Vanguard Group Inc now owns 2,429,980 shares of the technology company’s stock valued at $11,299,000 after buying an additional 88,016 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of VirnetX by 3.8% in the third quarter. Vanguard Group Inc. now owns 2,429,980 shares of the technology company’s stock valued at $11,299,000 after buying an additional 88,016 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of VirnetX by 12.0% in the fourth quarter. Geode Capital Management LLC now owns 552,868 shares of the technology company’s stock valued at $1,326,000 after buying an additional 59,297 shares in the last quarter. Finally, Csenge Advisory Group increased its stake in shares of VirnetX by 42.7% in the fourth quarter. Csenge Advisory Group now owns 210,525 shares of the technology company’s stock valued at $505,000 after buying an additional 62,980 shares in the last quarter.

Shares of NYSEAMERICAN:VHC opened at $5.93 on Thursday. VirnetX has a twelve month low of $2.10 and a twelve month high of $7.04.

ILLEGAL ACTIVITY NOTICE: “Short Interest in VirnetX Holding Co. (VHC) Expands By 0.8%” was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece can be read at https://www.watchlistnews.com/short-interest-in-virnetx-holding-co-vhc-expands-by-0-8/2922615.html.

VirnetX Company Profile

VirnetX Holding Corporation, through its subsidiary VirnetX, Inc, operates as an Internet security software and technology company in the United States and internationally. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure 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.

Featured Story: What is Depreciation?

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.