Short Interest in VOC Energy Trust (NYSE:VOC) Increases By 55.2%

VOC Energy Trust (NYSE:VOC) was the recipient of 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. Based on an average daily volume of 68,800 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Analyst Ratings Changes

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

VOC Energy Trust Stock Down 0.1 %

Shares of VOC Energy Trust stock opened at $3.15 on Tuesday. The firm has a market cap of $53.48 million, a price-to-earnings ratio of 4.03 and a beta of 0.82. VOC Energy Trust has a 52-week low of $2.85 and a 52-week high of $7.10. The company’s 50-day simple moving average is $3.55 and its 200-day simple moving average is $4.48.

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

VOC Energy Trust Cuts Dividend

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

Institutional Investors Weigh In On VOC Energy Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Two Sigma Securities LLC purchased a new position in shares of VOC Energy Trust in the 4th quarter valued at about $66,000. Sanctuary Advisors LLC grew its position in VOC Energy Trust by 29.8% during the third 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 period. Finally, 180 Wealth Advisors LLC increased its holdings in 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 valued at $977,000 after buying an additional 19,439 shares in the last quarter.

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.