VOC Energy Trust (NYSE:VOC) Short Interest Down 34.6% in August

VOC Energy Trust (NYSE:VOC) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 47,400 shares, a decrease of 34.6% from the August 15th total of 72,500 shares. Based on an average daily volume of 63,500 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the stock are short sold.

VOC Energy Trust Stock Performance

Shares of NYSE VOC traded down $0.02 during mid-day trading on Friday, reaching $4.71. The company’s stock had a trading volume of 23,399 shares, compared to its average volume of 42,941. The stock has a 50-day moving average of $4.99 and a two-hundred day moving average of $5.46. The stock has a market capitalization of $80.07 million, a P/E ratio of 5.47 and a beta of 0.89. VOC Energy Trust has a 1-year low of $4.45 and a 1-year high of $10.65.

VOC Energy Trust (NYSE:VOC) last released its quarterly earnings data on Friday, August 9th. The oil and gas producer reported $0.18 EPS for the quarter. VOC Energy Trust had a net margin of 91.90% and a return on equity of 103.79%. The company had revenue of $3.38 million during the quarter.

VOC Energy Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 14th. Investors of record on Tuesday, July 30th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, July 30th. This represents a $0.72 dividend on an annualized basis and a yield of 15.29%. VOC Energy Trust’s payout ratio is 83.72%.

Institutional Trading of VOC Energy Trust

Several large investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC grew its stake in shares of VOC Energy Trust by 18.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 35,571 shares of the oil and gas producer’s stock valued at $215,000 after buying an additional 5,550 shares during the period. 180 Wealth Advisors LLC lifted its holdings in VOC Energy Trust by 61.8% in the first quarter. 180 Wealth Advisors LLC now owns 50,800 shares of the oil and gas producer’s stock valued at $307,000 after acquiring an additional 19,404 shares during the last quarter. Navellier & Associates Inc. grew its position in VOC Energy Trust by 40.3% in the fourth quarter. Navellier & Associates Inc. now owns 100,605 shares of the oil and gas producer’s stock worth $724,000 after acquiring an additional 28,916 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in VOC Energy Trust during the second quarter worth $323,000.

About VOC Energy Trust

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.