VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 15,860 shares, a drop of 66.1% from the April 30th total of 46,739 shares. Based on an average daily volume of 122,356 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC purchased a new position in shares of VOC Energy Trust (NYSE:VOC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned approximately 0.06% of VOC Energy Trust as of its most recent SEC filing.

Analyst Ratings Changes

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

VOC Energy Trust Stock Down 6.8%

NYSE VOC traded down $0.21 during trading on Friday, reaching $2.89. 176,175 shares of the stock traded hands, compared to its average volume of 89,412. The firm has a market cap of $49.11 million, a price-to-earnings ratio of 6.57 and a beta of 0.19. The stock’s 50-day moving average price is $3.32 and its 200 day moving average price is $3.11. VOC Energy Trust has a fifty-two week low of $2.60 and a fifty-two week high of $3.84.

VOC Energy Trust (NYSE:VOC) last posted its earnings results on Wednesday, May 13th. The oil and gas producer reported $0.09 earnings per share for the quarter. The company had revenue of $1.59 million for 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 disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, April 30th were paid a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 13.2%. The ex-dividend date of this dividend was Thursday, April 30th. This is a boost from VOC Energy Trust’s previous quarterly dividend of $0.09. VOC Energy Trust’s dividend payout ratio (DPR) is 86.36%.

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.