VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 25,300 shares, an increase of 55.2% from the February 28th total of 16,300 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 68,800 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On VOC Energy Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Two Sigma Securities LLC bought a new stake in VOC Energy Trust in the 4th quarter worth approximately $66,000. Sanctuary Advisors LLC boosted its stake in shares of VOC Energy Trust by 29.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 87,140 shares of the oil and gas producer’s stock worth $436,000 after buying an additional 20,001 shares during the last quarter. Finally, 180 Wealth Advisors LLC grew its holdings in shares of VOC Energy Trust by 10.5% in the fourth quarter. 180 Wealth Advisors LLC now owns 204,339 shares of the oil and gas producer’s stock worth $977,000 after acquiring an additional 19,439 shares during the period.

VOC Energy Trust Price Performance

NYSE:VOC traded down $0.00 during mid-day trading on Monday, reaching $3.15. 40,535 shares of the company’s stock traded hands, compared to its average volume of 65,589. The firm has a market capitalization of $53.48 million, a price-to-earnings ratio of 4.03 and a beta of 0.82. The company has a 50 day moving average price of $3.58 and a 200-day moving average price of $4.49. VOC Energy Trust has a 12-month low of $2.85 and a 12-month high of $7.10.

VOC Energy Trust (NYSE:VOC) last released its earnings results on Thursday, March 20th. The oil and gas producer reported $0.18 EPS for the quarter. VOC Energy Trust had a return on equity of 102.62% and a net margin of 90.84%. The company had revenue of $3.24 million during the quarter.

VOC Energy Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Thursday, January 30th were paid a dividend of $0.085 per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a $0.34 annualized dividend and a yield of 10.81%. VOC Energy Trust’s dividend payout ratio is 46.58%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of VOC Energy Trust from a “buy” rating to a “hold” rating in a report on Thursday, December 26th.

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.