VirnetX (NYSEAMERICAN:VHC) Trading Up 6.4%

Shares of VirnetX Holding Co. (NYSEAMERICAN:VHC) were up 6.4% during trading on Tuesday . The company traded as high as $5.05 and last traded at $4.99, approximately 492,331 shares changed hands during trading. A decline of 35% from the average daily volume of 762,121 shares. The stock had previously closed at $4.69.

VirnetX (NYSEAMERICAN:VHC) last issued its quarterly earnings results on Friday, May 10th. The technology company reported ($0.08) EPS for the quarter. The firm had revenue of $0.01 million during the quarter.

Hedge funds have recently modified their holdings of the company. WINTON GROUP Ltd acquired a new position in shares of VirnetX in the second quarter valued at $76,000. BNP Paribas Arbitrage SA raised its stake in shares of VirnetX by 6,772.1% in the first quarter. BNP Paribas Arbitrage SA now owns 12,301 shares of the technology company’s stock valued at $78,000 after purchasing an additional 12,122 shares in the last quarter. Winslow Asset Management Inc. acquired a new position in shares of VirnetX in the first quarter valued at $88,000. Seelaus Asset Management LLC acquired a new position in shares of VirnetX in the first quarter valued at $95,000. Finally, JPMorgan Chase & Co. raised its stake in shares of VirnetX by 16.9% in the second quarter. JPMorgan Chase & Co. now owns 16,647 shares of the technology company’s stock valued at $102,000 after purchasing an additional 2,403 shares in the last quarter.

VirnetX Company Profile (NYSEAMERICAN:VHC)

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, as well as enable organizations and individuals to establish communities of secure, registered users, and transmit information between various devices, networks, and operating systems.

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