Short Interest in VOC Energy Trust (NYSE:VOC) Increases By 31.8%

VOC Energy Trust (NYSE:VOC) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 72,987 shares, a growth of 31.8% from the January 15th total of 55,368 shares. Based on an average daily volume of 98,479 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 98,479 shares, the days-to-cover ratio is presently 0.7 days.

VOC Energy Trust Trading Down 5.5%

NYSE VOC opened at $3.03 on Wednesday. VOC Energy Trust has a 12 month low of $2.44 and a 12 month high of $3.88. The stock has a market cap of $51.58 million, a price-to-earnings ratio of 5.95 and a beta of 0.35. The company’s 50 day moving average is $2.92 and its two-hundred day moving average is $2.88.

VOC Energy Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 11.9%. VOC Energy Trust’s dividend payout ratio is 70.59%.

Institutional Trading of VOC Energy Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC purchased a new stake in VOC Energy Trust during the 4th quarter valued at approximately $27,000. Janney Montgomery Scott LLC boosted its position in shares of VOC Energy Trust by 152.2% during the second quarter. Janney Montgomery Scott LLC now owns 42,733 shares of the oil and gas producer’s stock worth $122,000 after acquiring an additional 25,792 shares during the last quarter. Finally, 180 Wealth Advisors LLC grew its stake in VOC Energy Trust by 19.7% during the second quarter. 180 Wealth Advisors LLC now owns 276,729 shares of the oil and gas producer’s stock valued at $791,000 after acquiring an additional 45,631 shares in the last quarter.

Analysts Set New Price Targets

VOC has been the subject of several recent research reports. Wall Street Zen upgraded shares of VOC Energy Trust to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of VOC Energy Trust in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, VOC Energy Trust presently has a consensus rating of “Sell”.

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.