VOC Energy Trust (NYSE:VOC – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 441,259 shares, a growth of 943.0% from the July 15th total of 42,308 shares. Currently, 2.6% of the shares of the stock are short sold. Based on an average trading volume of 231,953 shares, the days-to-cover ratio is currently 1.9 days.
VOC Energy Trust Trading Down 1.6%
NYSE:VOC traded down $0.05 during trading hours on Tuesday, hitting $3.13. 38,202 shares of the stock traded hands, compared to its average volume of 165,974. The firm has a 50 day moving average price of $3.00 and a 200 day moving average price of $3.16. VOC Energy Trust has a fifty-two week low of $2.60 and a fifty-two week high of $3.84. The firm has a market cap of $53.19 million, a price-to-earnings ratio of 7.63 and a beta of 0.12.
VOC Energy Trust (NYSE:VOC – Get Free Report) last issued its earnings results on Monday, August 10th. The oil and gas producer reported $0.10 EPS for the quarter. VOC Energy Trust had a return on equity of 66.87% and a net margin of 91.51%.The business had revenue of $1.70 million during the quarter.
VOC Energy Trust Increases Dividend
Hedge Funds Weigh In On VOC Energy Trust
A hedge fund recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC bought a new stake in VOC Energy Trust (NYSE:VOC – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 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.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of VOC Energy Trust in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.
Read Our Latest Analysis on VOC Energy Trust
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.
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