Short Interest in VOC Energy Trust (NYSE:VOC) Decreases By 34.8%

VOC Energy Trust (NYSE:VOC) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 47,566 shares, a decrease of 34.8% from the January 29th total of 72,987 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 107,779 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 107,779 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VOC Energy Trust stock. 180 Wealth Advisors LLC boosted its position in shares of VOC Energy Trust (NYSE:VOC) by 12.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 310,742 shares of the oil and gas producer’s stock after buying an additional 34,013 shares during the quarter. 180 Wealth Advisors LLC owned 1.83% of VOC Energy Trust worth $910,000 at the end of the most recent quarter.

Wall Street Analyst Weigh In

A number of analysts have issued reports on VOC shares. Wall Street Zen raised shares of VOC Energy Trust to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings reiterated 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, the company currently has a consensus rating of “Sell”.

VOC Energy Trust Price Performance

VOC Energy Trust stock traded up $0.19 during midday trading on Monday, hitting $3.45. 279,689 shares of the stock were exchanged, compared to its average volume of 84,287. VOC Energy Trust has a 1 year low of $2.44 and a 1 year high of $3.51. The firm has a market cap of $58.72 million, a P/E ratio of 6.77 and a beta of 0.30. The company has a 50 day moving average price of $2.96 and a two-hundred day moving average price of $2.90.

VOC Energy Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $0.36 annualized dividend and a dividend yield of 10.4%. VOC Energy Trust’s dividend payout ratio is 70.59%.

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.