VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 15,860 shares, a decrease of 66.1% from the April 30th total of 46,739 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 122,356 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of VOC Energy Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, VOC Energy Trust currently has a consensus rating of “Sell”.

VOC Energy Trust Trading Up 1.3%

NYSE:VOC traded up $0.04 during trading hours on Monday, hitting $2.93. 74,533 shares of the company were exchanged, compared to its average volume of 119,647. The company has a fifty day simple moving average of $3.32 and a 200 day simple moving average of $3.11. VOC Energy Trust has a one year low of $2.60 and a one year high of $3.84. The stock has a market capitalization of $49.79 million, a price-to-earnings ratio of 6.66 and a beta of 0.14.

VOC Energy Trust (NYSE:VOC) last posted its quarterly earnings data on Wednesday, May 13th. The oil and gas producer reported $0.09 earnings per share for the quarter. VOC Energy Trust had a return on equity of 71.27% and a net margin of 90.03%.The firm had revenue of $1.59 million during the quarter.

VOC Energy Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were given a $0.095 dividend. This is a boost from VOC Energy Trust’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $0.38 annualized dividend and a dividend yield of 13.0%. VOC Energy Trust’s dividend payout ratio is 86.36%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC acquired a new position in VOC Energy Trust (NYSE:VOC) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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 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.