VOC Energy Trust (NYSE:VOC) Short Interest Up 28.4% in October

VOC Energy Trust (NYSE:VOC) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 25,300 shares, a growth of 28.4% from the September 30th total of 19,700 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 54,300 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On VOC Energy Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of VOC. Janney Montgomery Scott LLC boosted its stake in shares of VOC Energy Trust by 18.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 35,571 shares of the oil and gas producer’s stock valued at $215,000 after purchasing an additional 5,550 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in VOC Energy Trust during the 2nd quarter valued at $323,000. Finally, 180 Wealth Advisors LLC raised its stake in VOC Energy Trust by 225.4% during the 2nd quarter. 180 Wealth Advisors LLC now owns 165,296 shares of the oil and gas producer’s stock valued at $868,000 after buying an additional 114,496 shares during the last quarter.

VOC Energy Trust Price Performance

Shares of NYSE:VOC traded down $0.51 during trading on Wednesday, reaching $5.05. 125,323 shares of the stock were exchanged, compared to its average volume of 69,346. The stock has a fifty day moving average of $5.01 and a two-hundred day moving average of $5.19. VOC Energy Trust has a 1-year low of $4.45 and a 1-year high of $8.59. The firm has a market cap of $85.85 million, a price-to-earnings ratio of 6.23 and a beta of 0.89.

VOC Energy Trust (NYSE:VOC) last issued its quarterly earnings results on Friday, August 9th. The oil and gas producer reported $0.18 EPS for the quarter. VOC Energy Trust had a return on equity of 103.79% and a net margin of 91.90%. The business had revenue of $3.38 million for the quarter.

VOC Energy Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 14th. Shareholders of record on Wednesday, October 30th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 14.26%. The ex-dividend date of this dividend is Wednesday, October 30th. VOC Energy Trust’s dividend payout ratio is presently 88.89%.

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.