CHS Inc. (NASDAQ:CHSCO) Sees Large Growth in Short Interest

CHS Inc. (NASDAQ:CHSCO) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 17,157 shares, a growth of 51.6% from the February 12th total of 11,320 shares. Based on an average trading volume of 39,186 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 39,186 shares, the short-interest ratio is currently 0.4 days.

CHS Stock Performance

Shares of CHSCO opened at $26.52 on Friday. CHS has a fifty-two week low of $25.61 and a fifty-two week high of $27.35. The firm’s 50-day simple moving average is $26.29 and its two-hundred day simple moving average is $26.44.

CHS Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a dividend of $0.4922 per share. This represents a $1.97 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Tuesday, March 17th.

About CHS

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.