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

VOC Energy Trust (NYSE:VOC) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 25,300 shares, a growth of 55.2% from the February 28th total of 16,300 shares. Based on an average trading volume of 68,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

VOC Energy Trust Trading Down 0.5 %

VOC stock opened at $3.16 on Friday. VOC Energy Trust has a 52 week low of $2.85 and a 52 week high of $7.10. The company has a market cap of $53.64 million, a P/E ratio of 4.04 and a beta of 0.82. The company’s 50-day moving average price is $3.58 and its 200 day moving average price is $4.49.

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

VOC Energy Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Thursday, January 30th were issued a dividend of $0.085 per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a $0.34 annualized dividend and a yield of 10.78%. VOC Energy Trust’s dividend payout ratio (DPR) is currently 46.58%.

Wall Street Analysts Forecast Growth

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

Institutional Trading of VOC Energy Trust

Several institutional investors and hedge funds have recently modified their holdings of the business. Sanctuary Advisors LLC increased its stake in shares of VOC Energy Trust by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 87,140 shares of the oil and gas producer’s stock worth $436,000 after purchasing an additional 20,001 shares in the last quarter. 180 Wealth Advisors LLC grew its holdings in VOC Energy Trust by 10.5% during the 4th 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 during the last quarter. Finally, Two Sigma Securities LLC acquired a new position in shares of VOC Energy Trust in the fourth quarter worth $66,000.

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.