VOC Energy Trust (NYSE:VOC) Sees Significant Decline in Short Interest

VOC Energy Trust (NYSE:VOC) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 47,400 shares, a decrease of 34.6% from the August 15th total of 72,500 shares. Based on an average daily volume of 63,500 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the shares of the company are sold short.

VOC Energy Trust Stock Down 0.7 %

Shares of VOC traded down $0.04 during trading hours on Monday, hitting $4.68. The company had a trading volume of 40,140 shares, compared to its average volume of 71,296. The firm has a market cap of $79.48 million, a price-to-earnings ratio of 5.44 and a beta of 0.89. The business has a fifty day moving average of $4.99 and a 200-day moving average of $5.43. VOC Energy Trust has a 12 month low of $4.45 and a 12 month high of $10.65.

VOC Energy Trust (NYSE:VOC) last issued its quarterly earnings data on Friday, August 9th. The oil and gas producer reported $0.18 earnings per share for the quarter. VOC Energy Trust had a net margin of 91.90% and a return on equity of 103.79%. The company had revenue of $3.38 million for the quarter.

VOC Energy Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 14th. Investors of record on Tuesday, July 30th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 15.40%. The ex-dividend date was Tuesday, July 30th. VOC Energy Trust’s dividend payout ratio is 83.72%.

Hedge Funds Weigh In On VOC Energy Trust

Hedge funds have recently bought and sold shares of the business. Navellier & Associates Inc. grew its stake in VOC Energy Trust by 40.3% during the fourth quarter. Navellier & Associates Inc. now owns 100,605 shares of the oil and gas producer’s stock worth $724,000 after buying an additional 28,916 shares in the last quarter. 180 Wealth Advisors LLC boosted its stake in shares of VOC Energy Trust by 225.4% in the 2nd quarter. 180 Wealth Advisors LLC now owns 165,296 shares of the oil and gas producer’s stock valued at $868,000 after purchasing an additional 114,496 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of VOC Energy Trust by 18.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 35,571 shares of the oil and gas producer’s stock valued at $215,000 after purchasing an additional 5,550 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of VOC Energy Trust in the 2nd quarter valued at approximately $323,000.

VOC Energy Trust Company Profile

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.