Short Interest in CHS Inc. (NASDAQ:CHSCN) Declines By 62.4%

CHS Inc. (NASDAQ:CHSCN) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 38,679 shares, a decrease of 62.4% from the June 30th total of 102,787 shares. Based on an average trading volume of 27,867 shares, the short-interest ratio is presently 1.4 days.

CHS Stock Performance

Shares of CHSCN stock opened at $24.99 on Monday. The company has a 50 day moving average of $25.02 and a 200-day moving average of $25.19. CHS has a 12-month low of $24.59 and a 12-month high of $25.78.

CHS Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.4438 per share. This represents a $1.77 annualized dividend 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.