VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) saw a large decrease in short interest during 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. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 64,928 shares, the days-to-cover ratio is currently 0.1 days.

VOC Energy Trust Trading Up 5.3%

NYSE VOC opened at $2.90 on Tuesday. The stock has a market capitalization of $49.22 million, a price-to-earnings ratio of 6.58 and a beta of 0.14. The business’s 50 day moving average is $3.07 and its two-hundred day moving average is $3.10. VOC Energy Trust has a 12-month low of $2.60 and a 12-month high of $3.84.

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 during the quarter.

VOC Energy Trust Increases Dividend

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

Analysts Set New Price Targets

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

Institutional Investors Weigh In On VOC Energy Trust

An institutional investor recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC acquired a new stake in VOC Energy Trust (NYSE:VOC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (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 0.06% of VOC Energy Trust as of its most recent SEC filing.

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.