CHS Inc. (NASDAQ:CHSCM) Short Interest Down 41.6% in February

CHS Inc. (NASDAQ:CHSCM) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 3,674 shares, a drop of 41.6% from the January 29th total of 6,290 shares. Based on an average daily volume of 14,283 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 14,283 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. bought a new position in shares of CHS Inc. (NASDAQ:CHSCM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,049 shares of the company’s stock, valued at approximately $175,000.

CHS Price Performance

CHSCM remained flat at $25.14 during trading on Friday. The company had a trading volume of 176,356 shares, compared to its average volume of 21,086. The stock has a 50 day simple moving average of $24.98 and a 200 day simple moving average of $24.96. CHS has a twelve month low of $23.72 and a twelve month high of $25.64.

CHS Announces Dividend

The firm also recently declared 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 dividend yield of 6.7%.

About CHS

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.