VOC Energy Trust (NYSE:VOC) Short Interest Up 79.0% in July

VOC Energy Trust (NYSE:VOCGet Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 42,308 shares, a growth of 79.0% from the June 30th total of 23,639 shares. Based on an average daily trading volume, of 57,849 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC acquired a new position in VOC Energy Trust (NYSE:VOCFree Report) during the 4th quarter, according to the company in its most recent 13F 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 about 0.06% of VOC Energy Trust at the end of the most recent quarter.

VOC Energy Trust Trading Down 11.8%

VOC traded down $0.39 during trading on Thursday, hitting $2.93. The stock had a trading volume of 318,393 shares, compared to its average volume of 116,993. The firm has a market cap of $49.76 million, a PE ratio of 6.65 and a beta of 0.13. VOC Energy Trust has a 12 month low of $2.60 and a 12 month high of $3.84. The company has a 50 day simple moving average of $3.01 and a 200-day simple moving average of $3.15.

VOC Energy Trust (NYSE:VOCGet Free Report) last released its quarterly earnings results on Wednesday, May 13th. The oil and gas producer reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $1.59 million during the quarter. VOC Energy Trust had a net margin of 90.03% and a return on equity of 71.27%.

VOC Energy Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 30th will be issued a $0.28 dividend. This is an increase from VOC Energy Trust’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $1.12 dividend on an annualized basis and a yield of 38.3%. VOC Energy Trust’s payout ratio is 86.36%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued 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, According to MarketBeat, the company presently has an average rating of “Sell”.

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VOC Energy Trust Company Profile

(Get Free Report)

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.

Further Reading

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