VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 441,259 shares, a growth of 943.0% from the July 15th total of 42,308 shares. Based on an average trading volume of 231,953 shares, the days-to-cover ratio is presently 1.9 days. Currently, 2.6% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of VOC Energy Trust in a report on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

VOC Energy Trust Trading Down 0.8%

Shares of NYSE VOC traded down $0.03 during midday trading on Wednesday, hitting $3.10. 9,414 shares of the company’s stock were exchanged, compared to its average volume of 114,214. The business’s fifty day moving average price is $3.00 and its two-hundred day moving average price is $3.16. The company has a market cap of $52.78 million, a price-to-earnings ratio of 7.57 and a beta of 0.12. VOC Energy Trust has a 12-month low of $2.60 and a 12-month high of $3.84.

VOC Energy Trust (NYSE:VOC) last announced its earnings results on Monday, August 10th. The oil and gas producer reported $0.10 earnings per share for the quarter. VOC Energy Trust had a net margin of 91.51% and a return on equity of 66.87%. The business had revenue of $1.70 million for the quarter.

VOC Energy Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 30th will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 36.1%. This is an increase from VOC Energy Trust’s previous quarterly dividend of $0.10. VOC Energy Trust’s payout ratio is presently 254.55%.

Institutional Investors Weigh In On VOC Energy Trust

An institutional investor recently bought a new stake in VOC Energy Trust stock. International Assets Investment Management LLC purchased a new position in shares of VOC Energy Trust (NYSE:VOC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned about 0.06% of VOC Energy Trust as of its most recent SEC filing.

About VOC Energy Trust

VOC Energy Trust is a Canada-based unincorporated, open-ended royalty trust focused on upstream oil and gas interests. Headquartered in Calgary, Alberta, the trust holds non-operated royalty and net profit interests in conventional petroleum and natural gas properties. VOC’s structure allows it to collect a percentage of production revenues without directly managing exploration or drilling activities.

The trust’s asset portfolio is concentrated in the Western Canadian Sedimentary Basin, with producing properties across Alberta, Saskatchewan and British Columbia.