Trading was heavy with 225K shares changing hands on Tuesday. Trading volume was up 342.34% over the stocks average daily volume.
Investors are more bearish on the company recently as indicated by the rise in short interest. The stock had a rise in short interest of 25.46% between September 29, 2017 and October 13, 2017. Short interest increased from 37,941 to 47,600 over that timeframe. With short interest at 47,600 and short average daily volume at 29,397, the short-interest ratio is 2.0 and the percentage of shorted shares is 0.00% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (VOC). Shoker Investment Counsel, Inc. downsized its stake by selling 29,785 shares a decrease of 9.6%. Shoker Investment Counsel, Inc. now controls 279,759 shares with a value of $1,194,000. The total value of its holdings increased 9.9%. As of the end of the quarter Cutler Group LP had bought a total of 21,300 shares growing its position 1,065.0%. The value of the investment in VOC Energy Trust Units of Benef went from $1,000 to $1,000 a change of $0 quarter to quarter.
Creative Planning grew its position by buying 11,824 shares an increase of 25.9% in the quarter. Creative Planning currently owns 57,392 shares valued at $214,000. The value of the position overall is up by 10.3%. Simplex Trading, LLC divested its ownership by selling 2,387 shares a decrease of 94.7% as of 09/30/2017. Simplex Trading, LLC claims 134 shares worth $0. The total value of its holdings decreased 100.0%.
The company is up by 4.91% percent from yesterday’s close. VOC Energy Trust Units of Benef announced a dividend payable on Tuesday the 14th of November 2017. The dividend will be $0.095 per share for the quarter or $0.38 on an annualized basis. This dividend amount will represent a yield of $10.92. The ex-dividend date is as of Friday October 27th, 2017.
It is trading at $3.63 which is just over $3.58, the 50 day moving average and much lower than the 200 day moving average of $4.05. The 50 day moving average moved up $0.05 whereas the 200 day average was down by -10.48%.
The company currently has a P/E ratio of 7.56 and the market cap is 61.71M.
VOC Energy Trust, launched on November 3, 2010, is a statutory trust formed by VOC Brazos Energy Partners, L.P. (VOC Brazos). The business and affairs of the Company are managed by The Bank of New York Mellon Trust Company, N.A., as trustee. The Company was created to acquire and hold the net profits interest for the benefit of its unitholders. VOC Brazos’ properties include interests in approximately 820 gross producing wells covering over 91,490 gross acres. The Company has total proved reserves of approximately 5,450 thousand barrels of oil; over 2,570 million cubic feet of natural gas, and approximately 5,880 thousand barrels of oil equivalents..