Short Interest in VOC Energy Trust (NYSE:VOC) Grows By 28.4%

VOC Energy Trust (NYSE:VOC) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 25,300 shares, an increase of 28.4% from the September 30th total of 19,700 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 54,300 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On VOC Energy Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. 180 Wealth Advisors LLC lifted its holdings in shares of VOC Energy Trust by 225.4% during the 2nd quarter. 180 Wealth Advisors LLC now owns 165,296 shares of the oil and gas producer’s stock valued at $868,000 after purchasing an additional 114,496 shares in the last quarter. Janney Montgomery Scott LLC raised its position in VOC Energy Trust by 18.5% during the first quarter. Janney Montgomery Scott LLC now owns 35,571 shares of the oil and gas producer’s stock worth $215,000 after acquiring an additional 5,550 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of VOC Energy Trust in the 2nd quarter valued at about $323,000.

VOC Energy Trust Stock Down 9.2 %

NYSE:VOC traded down $0.51 during trading hours on Wednesday, reaching $5.05. 125,323 shares of the company’s stock were exchanged, compared to its average volume of 69,346. VOC Energy Trust has a 12 month low of $4.45 and a 12 month high of $8.59. The business’s 50-day simple moving average is $5.01 and its two-hundred day simple moving average is $5.19. The company has a market capitalization of $85.85 million, a P/E ratio of 6.23 and a beta of 0.89.

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

VOC Energy Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 14th. Shareholders of record on Wednesday, October 30th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 14.26%. The ex-dividend date of this dividend is Wednesday, October 30th. VOC Energy Trust’s payout ratio is 88.89%.

VOC Energy Trust Company Profile

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.