VOC Energy Trust (NYSE:VOC – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 19,700 shares, a growth of 32.2% from the September 15th total of 14,900 shares. Based on an average daily trading volume, of 58,900 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are sold short.
Institutional Investors Weigh In On VOC Energy Trust
Several large investors have recently modified their holdings of the stock. 180 Wealth Advisors LLC increased its position in shares of 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 worth $868,000 after purchasing an additional 114,496 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of VOC Energy Trust during the second quarter worth approximately $323,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of VOC Energy Trust by 18.5% in the first quarter. Janney Montgomery Scott LLC now owns 35,571 shares of the oil and gas producer’s stock valued at $215,000 after acquiring an additional 5,550 shares during the last quarter.
VOC Energy Trust Stock Performance
Shares of VOC Energy Trust stock traded down $0.10 during trading on Tuesday, reaching $5.02. The company’s stock had a trading volume of 24,648 shares, compared to its average volume of 68,014. The business’s fifty day moving average price is $4.91 and its 200-day moving average price is $5.27. VOC Energy Trust has a one year low of $4.45 and a one year high of $10.65. The firm has a market cap of $85.34 million, a price-to-earnings ratio of 6.32 and a beta of 0.89.
VOC Energy Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 14th. Shareholders of record on Tuesday, July 30th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 14.34%. The ex-dividend date of this dividend was Tuesday, July 30th. VOC Energy Trust’s dividend payout ratio is 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.
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