VOC Energy Trust (NYSE:VOC) Short Interest Update

VOC Energy Trust (NYSE:VOC - Get Free Report) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 2,400 shares, a decline of 92.8% from the January 15th total of 33,400 shares. Based on an average daily volume of 69,200 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

VOC Energy Trust Stock Down 1.9 %

NYSE:VOC traded down $0.08 during mid-day trading on Friday, reaching $3.83. 41,519 shares of the company were exchanged, compared to its average volume of 99,459. The stock has a market cap of $65.03 million, a PE ratio of 4.90 and a beta of 0.85. VOC Energy Trust has a 12 month low of $3.54 and a 12 month high of $7.20. The company has a fifty day moving average of $4.52 and a 200 day moving average of $4.81.

VOC Energy Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Thursday, January 30th were issued a $0.085 dividend. The ex-dividend date was Thursday, January 30th. This represents a $0.34 dividend on an annualized basis and a yield of 8.89%. VOC Energy Trust's dividend payout ratio is presently 43.59%.

Hedge Funds Weigh In On VOC Energy Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in VOC. Sanctuary Advisors LLC bought a new position in VOC Energy Trust in the second quarter valued at approximately $323,000. 180 Wealth Advisors LLC increased its holdings in VOC Energy Trust by 10.5% during the fourth quarter. 180 Wealth Advisors LLC now owns 204,339 shares of the oil and gas producer's stock worth $977,000 after buying an additional 19,439 shares during the last quarter. Finally, Two Sigma Securities LLC acquired a new stake in VOC Energy Trust in the 4th quarter valued at about $66,000.

Analysts Set New Price Targets

Separately, StockNews.com downgraded VOC Energy Trust from a "buy" rating to a "hold" rating in a report on Thursday, December 26th.

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.