CHS Inc (NASDAQ:CHSCP) Short Interest Down 57.5% in May

CHS Inc (NASDAQ:CHSCP) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 6,966 shares, a drop of 57.5% from the May 14th total of 16,393 shares. Based on an average daily trading volume, of 13,535 shares, the short-interest ratio is presently 0.5 days.

CHS Trading Up 0.4%

Shares of CHSCP opened at $27.84 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.76 and a current ratio of 1.45. CHS has a 1 year low of $27.17 and a 1 year high of $30.57. The stock’s 50-day moving average price is $27.71 and its two-hundred day moving average price is $27.91.

CHS Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.50 per share. The ex-dividend date is Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a yield of 7.2%.

About CHS

CHS Inc (NASDAQ: CHSCP) is a global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. The company operates through two primary segments: energy and agriculture. In its energy segment, CHS markets refined fuels, lubricants, propane and renewable energy products under the Cenex® brand and supplies wholesale fuel to a network of branded and unbranded retail sites. Its agriculture segment provides grain marketing, oilseed processing, crop nutrients, agronomy services and risk management solutions to producers in North America and key global markets.

The company’s product portfolio spans a wide range of offerings designed to support food and energy supply chains.