Short Interest in CHS Inc. (NASDAQ:CHSCO) Drops By 60.0%

CHS Inc. (NASDAQ:CHSCO) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 7,400 shares, a decrease of 60.0% from the September 30th total of 18,500 shares. Based on an average trading volume of 16,900 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 16,900 shares, the short-interest ratio is presently 0.4 days.

CHS Stock Down 0.5%

NASDAQ:CHSCO opened at $26.78 on Thursday. The stock has a fifty day simple moving average of $26.80 and a 200-day simple moving average of $26.58. CHS has a 52-week low of $25.61 and a 52-week high of $27.40.

CHS Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were given a $0.4922 dividend. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend was Tuesday, September 16th.

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.