VOC Energy Trust (NYSE:VOC) Short Interest Up 79.0% in July

VOC Energy Trust (NYSE:VOC) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 42,308 shares, a growth of 79.0% from the June 30th total of 23,639 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 57,849 shares, the days-to-cover ratio is currently 0.7 days.

VOC Energy Trust Stock Up 2.6%

NYSE VOC traded up $0.07 during trading on Friday, hitting $2.98. The company’s stock had a trading volume of 127,915 shares, compared to its average volume of 117,068. VOC Energy Trust has a 52 week low of $2.60 and a 52 week high of $3.84. The firm has a market cap of $50.74 million, a P/E ratio of 6.78 and a beta of 0.13. The firm has a 50 day moving average price of $3.01 and a 200 day moving average price of $3.15.

VOC Energy Trust (NYSE:VOC) last posted its quarterly earnings data on Wednesday, May 13th. The oil and gas producer reported $0.09 earnings per share for the quarter. The company had revenue of $1.59 million during the quarter. VOC Energy Trust had a return on equity of 71.27% and a net margin of 90.03%.

VOC Energy Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, July 30th will be issued a $0.28 dividend. This is a boost from VOC Energy Trust’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $1.12 dividend on an annualized basis and a yield of 37.5%. VOC Energy Trust’s payout ratio is currently 86.36%.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of VOC Energy Trust in a research report on Tuesday, July 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Inflows and Outflows

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 fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned about 0.06% of VOC Energy Trust as of its most recent filing with the Securities & Exchange Commission.

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.