CHS Inc. (NASDAQ:CHSCN) Short Interest Down 61.6% in May

CHS Inc. (NASDAQ:CHSCNGet Free Report) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 6,389 shares, a decrease of 61.6% from the May 14th total of 16,651 shares. Based on an average trading volume of 24,415 shares, the days-to-cover ratio is presently 0.3 days.

CHS Stock Performance

CHSCN traded up $0.12 during trading on Friday, reaching $25.15. 44,271 shares of the stock traded hands, compared to its average volume of 19,749. The stock’s 50-day moving average is $25.22 and its 200 day moving average is $25.22. CHS has a 12 month low of $24.35 and a 12 month high of $25.78.

CHS Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.4438 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Monday, June 15th.

About CHS

(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.

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