Voc Energy Trust Units of Beneficial Interest (NYSE:VOC) Could Burn Your Long Portfolio After More Shorts

June 14, 2018 - By Henry Gaston

The stock of Voc Energy Trust Units of Beneficial Interest (NYSE:VOC) registered an increase of 24.83% in short interest. VOC’s total short interest was 71,900 shares in June as published by FINRA. Its up 24.83% from 57,600 shares, reported previously. With 145,300 shares average volume, it will take short sellers 1 days to cover their VOC’s short positions. The short interest to Voc Energy Trust Units of Beneficial Interest’s float is 0.56%.

The stock decreased 2.20% or $0.11 during the last trading session, reaching $4.9. About 24,575 shares traded. VOC Energy Trust (NYSE:VOC) has risen 22.41% since June 14, 2017 and is uptrending. It has outperformed by 9.84% the S&P500.

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 market cap of $83.30 million. It has a 80% term net profits interest of the net proceeds on the underlying properties. It has a 9.9 P/E ratio. As of December 31, 2016, its underlying properties had interests in 496.6 net producing wells and 55,851.6 net acres; and had proved reserves of approximately 3.2 million barrels of oil equivalent attributable to the portion of the Kansas underlying properties, and approximately 5.1 MMBoe attributable to the Texas underlying properties.

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