VOC Energy Trust (NYSE:VOC) Sees Significant Increase in Short Interest

VOC Energy Trust (NYSE:VOC) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 441,259 shares, a growth of 943.0% from the July 15th total of 42,308 shares. Approximately 2.6% of the company’s shares are short sold. Based on an average daily trading volume, of 231,953 shares, the short-interest ratio is presently 1.9 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of VOC Energy Trust in a report on Tuesday, July 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

VOC Energy Trust Stock Performance

Shares of NYSE:VOC traded up $0.06 during midday trading on Thursday, reaching $3.17. 20,901 shares of the company’s stock traded hands, compared to its average volume of 113,655. The company has a fifty day simple moving average of $3.01 and a two-hundred day simple moving average of $3.16. VOC Energy Trust has a 1 year low of $2.60 and a 1 year high of $3.84. The company has a market cap of $53.98 million, a P/E ratio of 7.74 and a beta of 0.12.

VOC Energy Trust (NYSE:VOC) last issued its quarterly earnings results on Monday, August 10th. The oil and gas producer reported $0.10 EPS for the quarter. The company had revenue of $1.70 million during the quarter. VOC Energy Trust had a net margin of 91.51% and a return on equity of 66.87%.

VOC Energy Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, July 30th will be given a dividend of $0.28 per share. This is a boost from VOC Energy Trust’s previous quarterly dividend of $0.10. The ex-dividend date is Thursday, July 30th. This represents a $1.12 annualized dividend and a dividend yield of 35.3%. VOC Energy Trust’s payout ratio is currently 273.17%.

Institutional Trading of VOC Energy Trust

An institutional investor recently bought a new stake in VOC Energy Trust stock. International Assets Investment Management LLC bought a new stake in VOC Energy Trust (NYSE:VOC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 as of its most recent SEC filing.

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.