VirnetX (NYSE:VHC) Stock Passes Above 200 Day Moving Average of $7.31

VirnetX Holding Co. (NYSE:VHCGet Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $7.31 and traded as high as $7.68. VirnetX shares last traded at $7.24, with a volume of 5,861 shares traded.

VirnetX Stock Down 3.5 %

The business’s 50 day moving average is $6.94 and its 200 day moving average is $7.31.

Hedge Funds Weigh In On VirnetX

Large investors have recently bought and sold shares of the business. Virtu Financial LLC bought a new position in VirnetX in the first quarter worth approximately $29,000. Forum Financial Management LP acquired a new position in shares of VirnetX during the fourth quarter worth $126,000. Bank of Montreal Can acquired a new position in shares of VirnetX during the first quarter worth $38,000. Boothbay Fund Management LLC acquired a new position in shares of VirnetX during the first quarter worth $33,000. Finally, Cannell & Co. acquired a new position in shares of VirnetX during the fourth quarter worth $201,000. Institutional investors own 17.94% of the company’s stock.

About VirnetX

(Get Free Report)

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

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