Short Interest in VOC Energy Trust (NYSE:VOC) Surges in March

VOC Stock

VOC Energy Trust (VOC:NYE) saw a significant increase in short interest in March, with short interest reaching 245,900 shares as of March 15th. This marks a 25.7% increase from the February 28th total of 195,600 VOC stock shares, resulting in a short-interest ratio of 1.1 days based on the average daily trading volume of 229,900 shares. About 2.3% of the VOC stock shares are currently sold short.

 

Hedge Funds & Institutional Holdings:

Institutional investors and hedge funds have been active in trading VOC Energy Trust shares, with Northern Trust Corp increasing its position by 7.4% during the first quarter, now owns 20,791 shares of the oil and gas producer’s stock worth $142,000.

Atria Wealth Solutions Inc. bought a new stake in shares of VOC Energy Trust worth $752,000, while Wexford Capital LP purchased a new stake worth $513,000 during the second quarter.

In the third quarter, 180 Wealth Advisors LLC increased its stake in shares of VOC stock by 33.1%, owning 20,466 shares of the stock valued at $139,000 after buying an additional 5,095 shares.

Janney Montgomery Scott LLC also raised its holdings by 18.2% in the same quarter, owning 17,864 shares valued at $121,000 after acquiring 2,752 shares.

Institutional investors and hedge funds now own 3.36% of the VOC stock.

 

VOC Stock Price Analysis:

Shares of VOC Energy Trust opened at $8.40 on Thursday, with the 50-day moving average at $8.63 and the 200-day moving average at $8.72. The company’s 52-week low is $5.75, while the high is $13.70.

 

VOC Energy Trust Stock Dividend:

The company recently announced a quarterly dividend, which was paid on February 14th to shareholders of record on January 30th, at a rate of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 10.95%.

 

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. VOC Energy Trust was incorporated in 2010 and is based in Houston, Texas.

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