VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 7,580 shares, a decrease of 47.1% from the May 31st total of 14,332 shares. Based on an average daily trading volume, of 64,928 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of VOC Energy Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock 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) during the 4th quarter, according to the company in its most recent disclosure with the Securities & 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 approximately 0.06% of VOC Energy Trust at the end of the most recent reporting period.

VOC Energy Trust Stock Performance

VOC opened at $2.90 on Tuesday. The company has a market cap of $49.22 million, a price-to-earnings ratio of 6.58 and a beta of 0.14. VOC Energy Trust has a one year low of $2.60 and a one year high of $3.84. The business’s fifty day moving average is $3.07 and its two-hundred day moving average is $3.10.

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

VOC Energy Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 13.1%. The ex-dividend date of this dividend was Thursday, April 30th. This is a positive change from VOC Energy Trust’s previous quarterly dividend of $0.09. VOC Energy Trust’s dividend payout ratio is currently 86.36%.

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.