VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 148,296 shares, a decrease of 52.3% from the August 15th total of 310,649 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 69,922 shares, the days-to-cover ratio is presently 2.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of VOC Energy Trust in a report on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, VOC Energy Trust has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake 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 disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned 0.06% of VOC Energy Trust at the end of the most recent reporting period.

VOC Energy Trust Stock Performance

NYSE:VOC traded up $0.01 during mid-day trading on Tuesday, hitting $3.42. The stock had a trading volume of 86,706 shares, compared to its average volume of 58,292. VOC Energy Trust has a twelve month low of $2.63 and a twelve month high of $3.84. The stock has a market cap of $58.23 million, a price-to-earnings ratio of 8.35 and a beta of 0.14. The company’s 50 day simple moving average is $3.24 and its 200 day simple moving average is $3.21.

VOC Energy Trust (NYSE:VOC) last posted its quarterly earnings results on Monday, August 10th. The oil and gas producer reported $0.10 EPS for the quarter. The business had revenue of $1.70 million during the quarter. VOC Energy Trust had a return on equity of 68.92% and a net margin of 91.51%.

VOC Energy Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Thursday, July 30th were paid a dividend of $0.28 per share. The ex-dividend date was Thursday, July 30th. This represents a $1.12 annualized dividend and a dividend yield of 32.7%. This is an increase from VOC Energy Trust’s previous quarterly dividend of $0.10. VOC Energy Trust’s dividend payout ratio is presently 273.17%.

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.