CHS Inc. (NASDAQ:CHSCL) Sees Significant Decline in Short Interest

CHS Inc. (NASDAQ:CHSCL) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 20,040 shares, a drop of 69.0% from the June 30th total of 64,603 shares. Based on an average daily trading volume, of 22,779 shares, the days-to-cover ratio is currently 0.9 days.

CHS Trading Down 0.0%

Shares of CHSCL stock opened at $25.35 on Friday. CHS has a twelve month low of $25.17 and a twelve month high of $26.03. The stock has a fifty day simple moving average of $25.54 and a two-hundred day simple moving average of $25.60.

CHS Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be paid a $0.4688 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $1.88 dividend on an annualized basis and a yield of 7.4%.

CHS Company Profile

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.