Short Interest in VOC Energy Trust (NYSE:VOC) Expands By 72.2%

VOC Energy Trust (NYSE:VOC) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 16,164 shares, a growth of 72.2% from the December 15th total of 9,386 shares. Based on an average daily volume of 61,829 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 61,829 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of VOC Energy Trust in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

VOC Energy Trust Stock Down 0.3%

Shares of NYSE:VOC traded down $0.01 during trading on Thursday, hitting $2.96. The stock had a trading volume of 37,758 shares, compared to its average volume of 57,257. VOC Energy Trust has a 12-month low of $2.44 and a 12-month high of $5.12. The stock has a market capitalization of $50.32 million, a price-to-earnings ratio of 5.80 and a beta of 0.33. The stock has a 50-day simple moving average of $2.86 and a two-hundred day simple moving average of $2.89.

VOC Energy Trust (NYSE:VOC) last issued its quarterly earnings results on Monday, November 10th. The oil and gas producer reported $0.11 earnings per share for the quarter. The company had revenue of $2.16 million for the quarter. VOC Energy Trust had a net margin of 87.74% and a return on equity of 75.96%.

VOC Energy Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Thursday, October 30th were given a dividend of $0.11 per share. The ex-dividend date was Thursday, October 30th. This represents a $0.44 dividend on an annualized basis and a yield of 14.9%. VOC Energy Trust’s payout ratio is currently 86.27%.

Hedge Funds Weigh In On VOC Energy Trust

A hedge fund recently raised its stake in VOC Energy Trust stock. 180 Wealth Advisors LLC grew its stake in VOC Energy Trust (NYSE:VOC) by 19.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 276,729 shares of the oil and gas producer’s stock after buying an additional 45,631 shares during the quarter. 180 Wealth Advisors LLC owned 1.63% of VOC Energy Trust worth $791,000 as of its most recent SEC filing.

About VOC Energy Trust

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.