CHS Inc. (NASDAQ:CHSCO) Sees Significant Increase in Short Interest

CHS Inc. (NASDAQ:CHSCO) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 31,700 shares, a growth of 230.2% from the November 15th total of 9,600 shares. Based on an average trading volume of 17,300 shares, the short-interest ratio is currently 1.8 days.

CHS Stock Up 0.4 %

CHSCO stock traded up $0.12 during trading on Wednesday, reaching $26.87. The company had a trading volume of 14,461 shares, compared to its average volume of 17,693. CHS has a twelve month low of $25.71 and a twelve month high of $27.73. The firm has a 50-day simple moving average of $26.91 and a 200-day simple moving average of $26.89.

CHS Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be given a dividend of $0.4922 per share. The ex-dividend date is Tuesday, December 17th. This represents a $1.97 dividend on an annualized basis and a yield of 7.33%. This is a boost from CHS’s previous quarterly dividend of $0.49.

About CHS

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.