CHS Inc (NASDAQ:CHSCP) Short Interest Down 57.5% in May

CHS Inc (NASDAQ:CHSCP) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 6,966 shares, a drop of 57.5% from the May 14th total of 16,393 shares. Based on an average daily volume of 13,535 shares, the days-to-cover ratio is presently 0.5 days.

CHS Stock Performance

NASDAQ CHSCP opened at $27.84 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 0.23. The stock’s 50-day moving average is $27.71 and its 200-day moving average is $27.91. CHS has a one year low of $27.17 and a one year high of $30.57.

CHS Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.2%.

About CHS

CHS Inc (NASDAQ: CHSCP) is a global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. The company operates through two primary segments: energy and agriculture. In its energy segment, CHS markets refined fuels, lubricants, propane and renewable energy products under the Cenex® brand and supplies wholesale fuel to a network of branded and unbranded retail sites. Its agriculture segment provides grain marketing, oilseed processing, crop nutrients, agronomy services and risk management solutions to producers in North America and key global markets.

The company’s product portfolio spans a wide range of offerings designed to support food and energy supply chains.