CHS Inc. (NASDAQ:CHSCN) Sees Significant Growth in Short Interest

CHS Inc. (NASDAQ:CHSCN) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 102,787 shares, a growth of 1,316.4% from the June 15th total of 7,257 shares. Based on an average daily volume of 69,836 shares, the days-to-cover ratio is currently 1.5 days.

CHS Price Performance

Shares of NASDAQ:CHSCN traded down $0.03 during midday trading on Friday, reaching $24.99. The company’s stock had a trading volume of 15,633 shares, compared to its average volume of 24,502. CHS has a 1 year low of $24.59 and a 1 year high of $25.78. The business has a 50 day moving average price of $25.09 and a 200 day moving average price of $25.19.

CHS Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $0.4438 dividend. This represents a $1.77 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Wednesday, September 16th.

About CHS

CHS Inc is a diversified global cooperative owned by farmers, ranchers and cooperatives across the United States. Established in 1931 and headquartered in Inver Grove Heights, Minnesota, the company operates through a network of locally owned cooperatives, agribusinesses, and operations in energy, grains and foods. As a member-owned organization, CHS focuses on adding value for its owners by providing marketing, distribution and processing services that help rural communities thrive.

The company’s business activities are organized into three primary segments.