VOC Energy Trust (NYSE:VOC) Short Interest Up 55.2% in March

VOC Energy Trust (NYSE:VOC) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 25,300 shares, an increase of 55.2% from the February 28th total of 16,300 shares. Based on an average daily volume of 68,800 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of VOC Energy Trust

Several institutional investors and hedge funds have recently made changes to their positions in the stock. 180 Wealth Advisors LLC increased its position 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 worth $977,000 after purchasing an additional 19,439 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in VOC Energy Trust by 29.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 87,140 shares of the oil and gas producer’s stock valued at $436,000 after purchasing an additional 20,001 shares in the last quarter. Finally, Two Sigma Securities LLC acquired a new stake in shares of VOC Energy Trust during the 4th quarter worth about $66,000.

Analyst Upgrades and Downgrades

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

VOC Energy Trust Trading Down 0.1 %

NYSE:VOC opened at $3.15 on Tuesday. VOC Energy Trust has a twelve month low of $2.85 and a twelve month high of $7.10. The company has a market capitalization of $53.48 million, a P/E ratio of 4.03 and a beta of 0.82. The firm has a 50-day moving average price of $3.55 and a two-hundred day moving average price of $4.48.

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 for the quarter. VOC Energy Trust had a net margin of 90.84% and a return on equity of 102.62%. The business had revenue of $3.24 million during the quarter.

VOC Energy Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Thursday, January 30th were issued a $0.085 dividend. The ex-dividend date was Thursday, January 30th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 10.81%. VOC Energy Trust’s dividend payout ratio (DPR) is 46.58%.

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.