VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 23,639 shares, an increase of 211.9% from the June 15th total of 7,580 shares. Based on an average daily volume of 64,722 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

VOC Energy Trust Stock Down 1.9%

Shares of NYSE:VOC opened at $3.13 on Wednesday. The company has a market cap of $53.21 million, a price-to-earnings ratio of 7.11 and a beta of 0.13. The business has a 50 day moving average price of $2.97 and a 200 day moving average price of $3.12. VOC Energy Trust has a twelve month low of $2.60 and a twelve month high of $3.84.

VOC Energy Trust (NYSE:VOC) last issued its quarterly earnings results on Wednesday, May 13th. The oil and gas producer reported $0.09 EPS for the quarter. VOC Energy Trust had a return on equity of 71.27% and a net margin of 90.03%.The company had revenue of $1.59 million for the quarter.

VOC Energy Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were paid a $0.095 dividend. The ex-dividend date was Thursday, April 30th. This is a positive change from VOC Energy Trust’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a dividend yield of 12.1%. VOC Energy Trust’s dividend payout ratio is 86.36%.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of VOC Energy Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, VOC Energy Trust presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On VOC Energy Trust

A hedge fund recently bought a new stake in VOC Energy Trust stock. International Assets Investment Management LLC purchased a new stake in VOC Energy Trust (NYSE:VOC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned 0.06% of VOC Energy Trust at the end of the most recent reporting period.

VOC Energy Trust Company Profile

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.