VirnetX Holding Co. (NYSE:VHC) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 11,715,037 shares, a growth of 1.9% from the December 31st total of 11,498,442 shares, ARN reports. Approximately 25.9% of the shares of the stock are sold short. Based on an average trading volume of 1,326,446 shares, the short-interest ratio is presently 8.8 days.

Shares of VirnetX Holding (NYSE:VHC) opened at 3.98 on Friday. VirnetX Holding has a 52-week low of $1.95 and a 52-week high of $8.09. The company’s market cap is $211.12 million. The firm has a 50 day moving average price of $2.93 and a 200-day moving average price of $3.54.

VirnetX Holding Corporation is an Internet security software and technology Company with patented technology for secure communications including 4G LTE security. The Company’s software and technology solutions, including its secure domain name registry and GABRIEL Connection Technology, are designed to facilitate secure communications and provide the security platform required by Internet-based applications, such as instant messaging (NYSE:VHC), voice over Internet protocol (VoIP), mobile services, streaming video, file transfer, remote desktop and machine-to-machine (M2M) communications. Its portfolio is primarily focused on securing communications over the Internet, as well as related services, such as the establishment and maintenance of a secure domain name registry. Its methods also have additional applications in the areas of device operating systems and network security for Cloud services, M2M communications in the initiatives like Smart City, Connected Car and Connected Home.

12 Month Chart for NYSE:VHC

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