CHS Inc. (NASDAQ:CHSCM) Short Interest Down 61.5% in July

CHS Inc. (NASDAQ:CHSCM) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 24,539 shares, a decrease of 61.5% from the June 30th total of 63,714 shares. Based on an average daily volume of 34,473 shares, the days-to-cover ratio is currently 0.7 days.

CHS Price Performance

CHSCM stock opened at $24.44 on Monday. CHS has a 52 week low of $24.07 and a 52 week high of $25.40. The business has a 50-day simple moving average of $24.65 and a 200 day simple moving average of $24.85.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be given a dividend of $0.4219 per share. The ex-dividend date is Wednesday, September 16th. This represents a $1.69 annualized dividend and a dividend yield of 6.9%.

Institutional Investors Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. NBC Securities Inc. purchased a new stake in CHS Inc. (NASDAQ:CHSCM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,021 shares of the company’s stock, valued at approximately $50,000.

About CHS

CHS Inc (NASDAQ: CHSCM) is a diversified, global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. Headquartered in Inver Grove Heights, Minnesota, the company operates two primary business segments: Energy and Ag Business. Through its Energy segment, CHS markets and distributes refined fuels, lubricants, propane and renewable energy products under the Cenex® brand, and it manages a nationwide network of fuel distribution terminals, convenience stores and retail outlets.

In its Ag Business segment, CHS provides grain marketing, crop nutrients, crop protection products and animal nutrition solutions.