Short Interest in CHS Inc. (NASDAQ:CHSCM) Decreases By 46.9%

CHS Inc. (NASDAQ:CHSCM) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 6,000 shares, a drop of 46.9% from the February 29th total of 11,300 shares. Based on an average daily volume of 32,300 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of CHS

A hedge fund recently bought a new stake in CHS stock. Davidson Investment Advisors purchased a new stake in shares of CHS Inc. (NASDAQ:CHSCM) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 11,500 shares of the company’s stock, valued at approximately $288,000.

CHS Stock Performance

CHS stock traded up $0.03 during trading on Thursday, reaching $25.12. 74,681 shares of the company were exchanged, compared to its average volume of 31,523. CHS has a 52-week low of $23.51 and a 52-week high of $25.93. The stock’s 50 day simple moving average is $25.31 and its two-hundred day simple moving average is $24.98.

CHS Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be paid a dividend of $0.4219 per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $1.69 annualized dividend and a yield of 6.72%.

About CHS

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.