Short Interest in CHS Inc (NASDAQ:CHSCP) Increases By 106.4%

CHS Inc (NASDAQ:CHSCP) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 14,376 shares, a growth of 106.4% from the May 31st total of 6,966 shares. Based on an average trading volume of 10,740 shares, the days-to-cover ratio is presently 1.3 days.

CHS Stock Up 1.2%

Shares of CHS stock opened at $27.01 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.45 and a quick ratio of 0.76. CHS has a fifty-two week low of $26.61 and a fifty-two week high of $30.57. The firm has a fifty day moving average price of $27.57 and a two-hundred day moving average price of $27.85.

CHS Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.4%.

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.