VirnetX Target of Unusually Large Options Trading (NYSEAMERICAN:VHC)

VirnetX Holding Co. (NYSEAMERICAN:VHC) saw some unusual options trading on Monday. Stock traders bought 736 put options on the stock. This is an increase of 1,169% compared to the typical daily volume of 58 put options.

Shares of NYSEAMERICAN:VHC opened at $5.73 on Tuesday. VirnetX has a 52-week low of $2.34 and a 52-week high of $8.47.

Large investors have recently made changes to their positions in the business. Sound Income Strategies LLC purchased a new position in VirnetX in the third quarter worth about $44,000. WINTON GROUP Ltd purchased a new position in VirnetX in the second quarter worth about $76,000. 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 worth $102,000 after buying an additional 2,403 shares during the period. Metropolitan Life Insurance Co NY bought a new position in shares of VirnetX in the first quarter worth about $103,000. Finally, Parametric Portfolio Associates LLC bought a new position in shares of VirnetX in the second quarter worth about $110,000.

About VirnetX

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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