Short Interest in VOC Energy Trust (NYSE:VOC) Increases By 32.2%

VOC Energy Trust (NYSE:VOC) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 19,700 shares, an increase of 32.2% from the September 15th total of 14,900 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 58,900 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On VOC Energy Trust

Hedge funds have recently bought and sold shares of the business. Janney Montgomery Scott LLC grew its position in VOC Energy Trust by 18.5% during the first quarter. Janney Montgomery Scott LLC now owns 35,571 shares of the oil and gas producer’s stock worth $215,000 after buying an additional 5,550 shares in the last quarter. 180 Wealth Advisors LLC increased its position in shares of VOC Energy Trust by 61.8% in the first quarter. 180 Wealth Advisors LLC now owns 50,800 shares of the oil and gas producer’s stock worth $307,000 after purchasing an additional 19,404 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of VOC Energy Trust in the second quarter worth $323,000.

VOC Energy Trust Price Performance

VOC Energy Trust stock traded down $0.03 during trading hours on Friday, hitting $5.22. The company had a trading volume of 38,072 shares, compared to its average volume of 40,284. VOC Energy Trust has a one year low of $4.45 and a one year high of $10.65. The firm has a market cap of $88.74 million, a PE ratio of 6.44 and a beta of 0.89. The firm has a 50-day moving average of $4.90 and a 200 day moving average of $5.28.

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

VOC Energy Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 14th. Stockholders of record on Tuesday, July 30th were given a $0.18 dividend. The ex-dividend date was Tuesday, July 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 13.79%. VOC Energy Trust’s payout ratio is presently 88.89%.

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.