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

CHS Inc. (NASDAQ:CHSCMGet Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 3,719 shares, a drop of 47.9% from the December 15th total of 7,134 shares. Based on an average daily trading volume, of 31,373 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 31,373 shares, the days-to-cover ratio is currently 0.1 days.

CHS Stock Performance

Shares of NASDAQ CHSCM traded down $0.08 during trading on Thursday, hitting $24.81. The stock had a trading volume of 1,892 shares, compared to its average volume of 17,001. CHS has a 12 month low of $23.72 and a 12 month high of $25.68. The firm has a fifty day moving average of $24.90 and a two-hundred day moving average of $24.77.

CHS Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a $0.4219 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $1.69 annualized dividend and a yield of 6.8%.

Institutional Investors Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. purchased a new position in CHS Inc. (NASDAQ:CHSCMFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,049 shares of the company’s stock, valued at approximately $175,000.

About CHS

(Get Free Report)

CHS Inc (NASDAQ: CHSCM) is a diversified, global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. Headquartered in Inver Grove Heights, Minnesota, the company operates two primary business segments: Energy and Ag Business. Through its Energy segment, CHS markets and distributes refined fuels, lubricants, propane and renewable energy products under the Cenex® brand, and it manages a nationwide network of fuel distribution terminals, convenience stores and retail outlets.

In its Ag Business segment, CHS provides grain marketing, crop nutrients, crop protection products and animal nutrition solutions.

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