VOC Energy Trust (NYSE:VOC) Short Interest Up 1,241.7% in February

VOC Energy Trust (NYSE:VOC) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 32,200 shares, an increase of 1,241.7% from the January 31st total of 2,400 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 71,700 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On VOC Energy Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in VOC. Two Sigma Securities LLC purchased a new position in VOC Energy Trust during the 4th quarter worth approximately $66,000. Sanctuary Advisors LLC grew its position in VOC Energy Trust by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 87,140 shares of the oil and gas producer’s stock worth $436,000 after purchasing an additional 20,001 shares in the last quarter. Finally, 180 Wealth Advisors LLC boosted its stake in shares of 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 buying an additional 19,439 shares during the period.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of VOC Energy Trust from a “buy” rating to a “hold” rating in a research report on Thursday, December 26th.

VOC Energy Trust Stock Performance

NYSE VOC opened at $3.24 on Friday. VOC Energy Trust has a twelve month low of $3.08 and a twelve month high of $7.10. The stock has a market cap of $55.08 million, a price-to-earnings ratio of 4.15 and a beta of 0.85. The firm’s 50 day moving average price is $4.29 and its two-hundred day moving average price is $4.74.

VOC Energy Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Thursday, January 30th were given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 10.49%. The ex-dividend date was Thursday, January 30th. VOC Energy Trust’s payout ratio is 43.59%.

VOC Energy Trust Company Profile

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.