Short Interest in VOC Energy Trust (NYSE:VOC) Rises By 1,241.7%

VOC Energy Trust (NYSE:VOC) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 32,200 shares, an increase of 1,241.7% from the January 31st total of 2,400 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 71,700 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

Separately, StockNews.com cut VOC Energy Trust from a “buy” rating to a “hold” rating in a research report on Thursday, December 26th.

VOC Energy Trust Price Performance

Shares of NYSE VOC traded down $0.12 during midday trading on Thursday, reaching $3.18. 73,109 shares of the company traded hands, compared to its average volume of 82,304. The stock has a 50-day moving average price of $4.32 and a 200 day moving average price of $4.75. The company has a market cap of $53.98 million, a price-to-earnings ratio of 4.07 and a beta of 0.85. VOC Energy Trust has a 52 week low of $3.08 and a 52 week high of $7.10.

VOC Energy Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Thursday, January 30th were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 10.71%. The ex-dividend date of this dividend was Thursday, January 30th. VOC Energy Trust’s dividend payout ratio is currently 43.59%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Two Sigma Securities LLC bought a new position in VOC Energy Trust during the 4th quarter valued at $66,000. 180 Wealth Advisors LLC boosted its stake in VOC Energy Trust by 10.5% during the fourth quarter. 180 Wealth Advisors LLC now owns 204,339 shares of the oil and gas producer’s stock valued at $977,000 after buying an additional 19,439 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its position in VOC Energy Trust by 29.8% in the third quarter. Sanctuary Advisors LLC now owns 87,140 shares of the oil and gas producer’s stock worth $436,000 after acquiring an additional 20,001 shares in the last quarter.

About VOC Energy Trust

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.