CHS Inc. (NASDAQ:CHSCL) Sees Large Increase in Short Interest

CHS Inc. (NASDAQ:CHSCL) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 64,603 shares, an increase of 208.8% from the June 15th total of 20,922 shares. Based on an average daily volume of 60,228 shares, the days-to-cover ratio is currently 1.1 days.

CHS Stock Down 0.1%

Shares of NASDAQ:CHSCL traded down $0.02 during trading on Tuesday, reaching $25.33. The company’s stock had a trading volume of 8,235 shares, compared to its average volume of 25,199. The firm’s 50 day simple moving average is $25.60 and its two-hundred day simple moving average is $25.59. CHS has a 12 month low of $25.17 and a 12 month high of $26.03.

CHS Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a $0.4688 dividend. This represents a $1.88 annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Wednesday, September 16th.

About CHS

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.