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

CHS Inc. (NASDAQ:CHSCNGet Free Report) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 2,660 shares, a decline of 25.6% from the December 15th total of 3,577 shares. Based on an average daily volume of 31,849 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 31,849 shares, the days-to-cover ratio is currently 0.1 days.

CHS Stock Performance

Shares of NASDAQ:CHSCN opened at $25.27 on Friday. The company’s 50 day moving average price is $25.12 and its two-hundred day moving average price is $25.20. CHS has a 12-month low of $24.35 and a 12-month high of $26.00.

CHS Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be given a dividend of $0.4438 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.78 dividend on an annualized basis and a yield of 7.0%.

CHS Company Profile

(Get Free Report)

CHS Inc is a diversified global cooperative owned by farmers, ranchers and cooperatives across the United States. Established in 1931 and headquartered in Inver Grove Heights, Minnesota, the company operates through a network of locally owned cooperatives, agribusinesses, and operations in energy, grains and foods. As a member-owned organization, CHS focuses on adding value for its owners by providing marketing, distribution and processing services that help rural communities thrive.

The company’s business activities are organized into three primary segments.

Recommended Stories

Receive News & Ratings for CHS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CHS and related companies with MarketBeat.com's FREE daily email newsletter.