VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 56,358 shares, a growth of 120.6% from the February 26th total of 25,545 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 277,937 shares, the short-interest ratio is currently 0.2 days.

VOC Energy Trust Stock Up 0.7%

VOC opened at $3.65 on Friday. The stock has a market cap of $61.97 million, a PE ratio of 8.28 and a beta of 0.30. VOC Energy Trust has a twelve month low of $2.44 and a twelve month high of $3.84. The company has a fifty day moving average of $3.21 and a 200-day moving average of $3.01.

VOC Energy Trust (NYSE:VOC) last announced its earnings results on Tuesday, March 24th. The oil and gas producer reported $0.11 EPS for the quarter. The company had revenue of $2.08 million for the quarter. VOC Energy Trust had a return on equity of 67.64% and a net margin of 85.78%.

VOC Energy Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 9.9%. The ex-dividend date of this dividend was Friday, January 30th. VOC Energy Trust’s dividend payout ratio is 81.82%.

Wall Street Analyst Weigh In

Several brokerages have commented on VOC. Weiss Ratings reaffirmed a “sell (d)” rating on shares of VOC Energy Trust in a report on Monday, December 29th. Wall Street Zen raised VOC Energy Trust to a “hold” rating in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Investors Weigh In On VOC Energy Trust

A hedge fund recently bought a new stake in VOC Energy Trust stock. International Assets Investment Management LLC acquired a new stake in shares of VOC Energy Trust (NYSE:VOC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned approximately 0.06% of VOC Energy Trust as of its most recent SEC filing.

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.