VOC Energy Trust (NYSE:VOC) Short Interest Up 14.3% in June

VOC Energy Trust (NYSE:VOC) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 41,500 shares, an increase of 14.3% from the May 30th total of 36,300 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 53,800 shares, the short-interest ratio is currently 0.8 days.

Shares of VOC stock traded down $0.05 during mid-day trading on Monday, reaching $5.44. The stock had a trading volume of 21,973 shares, compared to its average volume of 33,397. The company has a 50 day moving average of $4.81. VOC Energy Trust has a one year low of $3.32 and a one year high of $6.86. The company has a market capitalization of $93.33 million, a price-to-earnings ratio of 7.32 and a beta of 1.87.

VOC Energy Trust (NYSE:VOC) last announced its quarterly earnings data on Thursday, May 9th. The oil and gas producer reported $0.15 EPS for the quarter. VOC Energy Trust had a return on equity of 17.87% and a net margin of 93.68%. The company had revenue of $2.61 million during the quarter.

A hedge fund recently bought a new stake in VOC Energy Trust stock. Cavalier Investments LLC bought a new position in shares of VOC Energy Trust (NYSE:VOC) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 15,379 shares of the oil and gas producer’s stock, valued at approximately $88,000. Cavalier Investments LLC owned 0.09% of VOC Energy Trust at the end of the most recent reporting period. Institutional investors and hedge funds own 16.10% of the company’s stock.

Separately, ValuEngine raised Vermillion from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th.

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 a 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2017, its underlying properties had interests in 492.5 net producing wells and 55,736.9 net acres; and had proved reserves of approximately 3.4 million barrels of oil equivalent (MMBoe) attributable to the portion of the Kansas underlying properties, and approximately 4.6 MMBoe attributable to the Texas underlying properties.

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