VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 15,860 shares, a drop of 66.1% from the April 30th total of 46,739 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 122,356 shares, the short-interest ratio is currently 0.1 days.

VOC Energy Trust Stock Performance

Shares of NYSE VOC traded down $0.21 during trading on Friday, hitting $2.89. 176,175 shares of the company were exchanged, compared to its average volume of 92,420. VOC Energy Trust has a 12-month low of $2.60 and a 12-month high of $3.84. The company has a fifty day moving average price of $3.32 and a 200-day moving average price of $3.11. The firm has a market capitalization of $49.11 million, a PE ratio of 6.57 and a beta of 0.14.

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

VOC Energy Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Thursday, April 30th were issued a dividend of $0.095 per share. The ex-dividend date was Thursday, April 30th. This represents a $0.38 annualized dividend and a dividend yield of 13.2%. This is a boost from VOC Energy Trust’s previous quarterly dividend of $0.09. VOC Energy Trust’s payout ratio is presently 86.36%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC acquired a new position in shares of VOC Energy Trust (NYSE:VOC) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned about 0.06% of VOC Energy Trust at the end of the most recent quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded VOC Energy Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average 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.