Short Interest in CHS Inc. (NASDAQ:CHSCO) Declines By 46.9%

CHS Inc. (NASDAQ:CHSCO) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 10,777 shares, a decline of 46.9% from the April 30th total of 20,290 shares. Based on an average daily trading volume, of 12,840 shares, the days-to-cover ratio is currently 0.8 days.

CHS Price Performance

NASDAQ:CHSCO traded up $0.06 during mid-day trading on Monday, reaching $26.21. The company’s stock had a trading volume of 8,722 shares, compared to its average volume of 20,436. CHS has a 12-month low of $25.72 and a 12-month high of $27.35. The firm’s fifty day moving average price is $26.18 and its two-hundred day moving average price is $26.23.

CHS Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.4922 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.97 dividend on an annualized basis and a yield of 7.5%.

CHS Company Profile

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.