VOC Energy Trust (NYSE:VOC) Sees Significant Drop in Short Interest

VOC Energy Trust (NYSE:VOC) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 148,296 shares, a decrease of 52.3% from the August 15th total of 310,649 shares. Based on an average trading volume of 69,922 shares, the short-interest ratio is currently 2.1 days. Currently, 0.9% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of VOC Energy Trust in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

VOC Energy Trust Price Performance

NYSE VOC traded down $0.07 during trading hours on Wednesday, reaching $3.37. 28,385 shares of the company’s stock traded hands, compared to its average volume of 110,848. VOC Energy Trust has a 52-week low of $2.63 and a 52-week high of $3.84. The firm has a 50-day simple moving average of $3.24 and a 200 day simple moving average of $3.21. The firm has a market cap of $57.20 million, a PE ratio of 8.21 and a beta of 0.14.

VOC Energy Trust (NYSE:VOC) last announced its quarterly earnings data 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 68.92%. 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 was paid on Friday, August 14th. Investors of record on Thursday, July 30th were given a dividend of $0.28 per share. This is a boost from VOC Energy Trust’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Thursday, July 30th. This represents a $1.12 dividend on an annualized basis and a yield of 33.3%. VOC Energy Trust’s dividend payout ratio is 273.17%.

Institutional Inflows and Outflows

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

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.