VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 46,739 shares, an increase of 210.2% from the April 15th total of 15,068 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 117,220 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On VOC Energy Trust

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

VOC Energy Trust Stock Up 2.5%

Shares of VOC traded up $0.08 during trading hours on Thursday, reaching $3.14. 123,651 shares of the company traded hands, compared to its average volume of 121,526. The company’s fifty day moving average price is $3.40 and its two-hundred day moving average price is $3.10. The company has a market capitalization of $53.30 million, a price-to-earnings ratio of 7.13 and a beta of 0.19. 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 Wednesday, May 13th. The oil and gas producer reported $0.09 earnings per share for the quarter. The firm had revenue of $1.59 million for the quarter. VOC Energy Trust had a net margin of 90.03% and a return on equity of 69.55%.

VOC Energy Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date of this dividend is Thursday, April 30th. This is a positive change from VOC Energy Trust’s previous quarterly dividend of $0.09. VOC Energy Trust’s payout ratio is presently 86.36%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on VOC shares. Weiss Ratings raised shares of VOC Energy Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Wall Street Zen raised shares of VOC Energy Trust to a “hold” rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

VOC Energy Trust Company Profile

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.