VOC Energy Trust (NYSE:VOC - Get Free Report) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 16,300 shares, a decline of 49.4% from the February 13th total of 32,200 shares. Approximately 0.2% of the company's stock are short sold. Based on an average trading volume of 74,400 shares, the short-interest ratio is presently 0.2 days.
Institutional Trading of VOC Energy Trust
Institutional investors and hedge funds have recently modified their holdings of the company. Two Sigma Securities LLC acquired a new stake in shares of VOC Energy Trust in the fourth quarter worth $66,000. Sanctuary Advisors LLC lifted its stake in shares of VOC Energy Trust by 29.8% in the third quarter. Sanctuary Advisors LLC now owns 87,140 shares of the oil and gas producer's stock worth $436,000 after buying an additional 20,001 shares during the last quarter. Finally, 180 Wealth Advisors LLC raised its stake in VOC Energy Trust by 10.5% during the 4th quarter. 180 Wealth Advisors LLC now owns 204,339 shares of the oil and gas producer's stock valued at $977,000 after purchasing an additional 19,439 shares during the last quarter.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of VOC Energy Trust from a "buy" rating to a "hold" rating in a research report on Thursday, December 26th.
Read Our Latest Analysis on VOC Energy Trust
VOC Energy Trust Stock Up 2.0 %
VOC stock traded up $0.07 during trading hours on Tuesday, hitting $3.29. The company's stock had a trading volume of 22,226 shares, compared to its average volume of 66,901. The company has a market capitalization of $55.85 million, a PE ratio of 4.21 and a beta of 0.82. VOC Energy Trust has a 12 month low of $2.85 and a 12 month high of $7.10. The stock has a 50 day moving average price of $3.90 and a two-hundred day moving average price of $4.58.
VOC Energy Trust Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Thursday, January 30th were paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 10.35%. The ex-dividend date of this dividend was Thursday, January 30th. VOC Energy Trust's payout ratio is 43.59%.
About VOC Energy Trust
(
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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.
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