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

VOC Energy Trust (NYSE:VOC) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 72,987 shares, a growth of 31.8% from the January 15th total of 55,368 shares. Based on an average trading volume of 98,479 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 98,479 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. 180 Wealth Advisors LLC grew its stake in VOC Energy Trust by 19.7% during the 2nd quarter. 180 Wealth Advisors LLC now owns 276,729 shares of the oil and gas producer’s stock valued at $791,000 after purchasing an additional 45,631 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in VOC Energy Trust by 152.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 42,733 shares of the oil and gas producer’s stock valued at $122,000 after acquiring an additional 25,792 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in VOC Energy Trust during the 4th quarter worth $27,000.

VOC Energy Trust Trading Up 2.7%

NYSE VOC opened at $3.24 on Monday. The stock has a market cap of $55.01 million, a P/E ratio of 6.35 and a beta of 0.35. The company’s fifty day simple moving average is $2.91 and its 200-day simple moving average is $2.88. VOC Energy Trust has a 52 week low of $2.44 and a 52 week high of $3.94.

VOC Energy Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 11.1%. The ex-dividend date of this dividend was Friday, January 30th. VOC Energy Trust’s payout ratio is presently 70.59%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on VOC shares. Wall Street Zen upgraded shares of VOC Energy Trust to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings restated a “sell (d)” rating on shares of VOC Energy Trust in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, VOC Energy Trust has an average rating of “Sell”.

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.