MV Oil Trust (NYSE:MVO) Short Interest Update

MV Oil Trust (NYSE:MVO) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 378,800 shares, a growth of 33.8% from the January 31st total of 283,100 shares. Based on an average daily trading volume, of 103,100 shares, the days-to-cover ratio is presently 3.7 days.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of MV Oil Trust from a “buy” rating to a “hold” rating in a research note on Monday.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MV Oil Trust stock. Marshall Wace LLP acquired a new stake in shares of MV Oil Trust (NYSE:MVO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 37,434 shares of the oil and gas producer’s stock, valued at approximately $301,000. Marshall Wace LLP owned about 0.33% of MV Oil Trust as of its most recent SEC filing. 3.54% of the stock is currently owned by institutional investors and hedge funds.

MV Oil Trust Trading Up 2.1 %

Shares of MVO stock opened at $4.89 on Thursday. The stock’s 50-day moving average price is $6.57 and its 200-day moving average price is $8.18. MV Oil Trust has a 12-month low of $4.63 and a 12-month high of $11.63. The stock has a market capitalization of $56.24 million, a price-to-earnings ratio of 3.08 and a beta of 0.67.

MV Oil Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 16th were issued a dividend of $0.24 per share. The ex-dividend date was Thursday, January 16th. This represents a $0.96 annualized dividend and a dividend yield of 19.63%. MV Oil Trust’s dividend payout ratio (DPR) is 60.38%.

MV Oil Trust Company Profile

MV Oil Trust acquires and holds term net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties wells located in the Mid-Continent region in the states of Kansas and Colorado. MV Oil Trust was incorporated in 2006 and is based in Houston, Texas.