Vylor (NYSE:VYLR) Stock Short Interest Report for October

Vylor (NYSE:VYLR) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 14,989,198 shares. Approximately 2.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,357,504 shares, the days-to-cover ratio is currently 1.8 days.

Vylor Trading Down 0.6%

Shares of NYSE:VYLR traded down $0.44 during trading on Friday, reaching $72.24. The stock had a trading volume of 3,429,110 shares, compared to its average volume of 5,529,306. Vylor has a 52 week low of $65.00 and a 52 week high of $77.39.

Vylor declared that its Board of Directors has initiated a stock buyback plan on Thursday, October 22nd that allows the company to repurchase $3 billion in outstanding shares. This repurchase authorization allows the company to buy up to 6.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Vylor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 7th. Investors of record on Monday, November 30th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, November 30th.

Analyst Ratings Changes

A number of brokerages have weighed in on VYLR. Wolfe Research upgraded Vylor to a “strong-buy” rating in a research report on Thursday, October 1st. Bank of America initiated coverage on Vylor in a report on Monday, October 5th. They set a “buy” rating and a $78.00 price objective for the company. Vertical Research downgraded shares of Vylor from a “buy” rating to a “hold” rating and set a $74.00 target price on the stock. in a research note on Monday, October 19th. Weiss Ratings upgraded shares of Vylor from a “sell (d+)” rating to a “hold (c+)” rating in a research note on Friday, October 16th. Finally, Oppenheimer assumed coverage on shares of Vylor in a report on Tuesday, October 6th. They issued an “outperform” rating and a $82.00 target price on the stock. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $82.67.

Vylor Company Profile

Vylor Inc is a seed and genetics company. It develops and supplies germplasm for farmers to improve crop health and produce higher yields. Vylor Inc is based in JOHNSTON, Iowa.