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

CHS Inc. (NASDAQ:CHSCO) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 18,207 shares, a drop of 43.7% from the July 30th total of 32,360 shares. Based on an average trading volume of 15,004 shares, the days-to-cover ratio is currently 1.2 days.

CHS Price Performance

Shares of NASDAQ CHSCO traded up $0.03 during midday trading on Tuesday, reaching $26.02. The company’s stock had a trading volume of 9,801 shares, compared to its average volume of 22,214. The stock has a 50 day simple moving average of $25.79 and a 200-day simple moving average of $26.06. CHS has a fifty-two week low of $25.51 and a fifty-two week high of $27.16.

CHS Announces Dividend

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 $0.4922 dividend. This represents a $1.97 annualized dividend and a yield of 7.6%. The ex-dividend date is Wednesday, September 16th.

CHS Company Profile

CHS Inc (NASDAQ: CHSCO) is a diversified, global agribusiness owned by farmers and ranchers across the United States. Headquartered in Inver Grove Heights, Minnesota, the cooperative operates through multiple business segments that provide products, services and solutions to agricultural producers, food manufacturers and energy customers. CHS leverages its cooperative structure to deliver value to its member-owners while competing as a global agribusiness enterprise.

The company’s agriculture operations include grain marketing, oilseed processing, crop nutrients, seeds, crop protection products and plant nutrition services.