VOC Energy Trust (NYSE:VOC - Get Free Report) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 25,300 shares, an increase of 55.2% from the February 28th total of 16,300 shares. Based on an average trading volume of 68,800 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered VOC Energy Trust from a "buy" rating to a "hold" rating in a research report on Thursday, December 26th.
View Our Latest Stock Report on VOC Energy Trust
Institutional Trading of VOC Energy Trust
Institutional investors have recently modified their holdings of the company. Sanctuary Advisors LLC raised its position in 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 acquiring an additional 20,001 shares in the last quarter. 180 Wealth Advisors LLC grew its stake in shares of VOC Energy Trust by 10.5% in the 4th quarter. 180 Wealth Advisors LLC now owns 204,339 shares of the oil and gas producer's stock worth $977,000 after purchasing an additional 19,439 shares during the last quarter. Finally, Two Sigma Securities LLC bought a new stake in shares of VOC Energy Trust in the 4th quarter worth approximately $66,000.
VOC Energy Trust Trading Down 3.8 %
VOC stock traded down $0.12 during trading on Thursday, hitting $3.07. The company had a trading volume of 57,742 shares, compared to its average volume of 67,270. The business has a 50 day moving average of $3.51 and a 200 day moving average of $4.46. The firm has a market capitalization of $52.19 million, a price-to-earnings ratio of 3.94 and a beta of 0.82. VOC Energy Trust has a fifty-two week low of $2.85 and a fifty-two week high of $6.64.
VOC Energy Trust (NYSE:VOC - Get Free Report) last issued its quarterly earnings results on Thursday, March 20th. The oil and gas producer reported $0.18 earnings per share for the quarter. VOC Energy Trust had a net margin of 90.84% and a return on equity of 102.62%. The company had revenue of $3.24 million during the quarter.
VOC Energy Trust Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Thursday, January 30th were given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a dividend yield of 11.07%. The ex-dividend date was Thursday, January 30th. VOC Energy Trust's dividend payout ratio (DPR) is presently 46.58%.
VOC Energy Trust Company Profile
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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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