CHS Inc. (NASDAQ:CHSCL) Sees Significant Increase in Short Interest

CHS Inc. (NASDAQ:CHSCLGet Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 9,631 shares, an increase of 57.3% from the December 15th total of 6,123 shares. Based on an average trading volume of 52,722 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 52,722 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. acquired a new position in shares of CHS Inc. (NASDAQ:CHSCLFree Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,896 shares of the company’s stock, valued at approximately $177,000.

CHS Price Performance

Shares of NASDAQ:CHSCL traded down $0.02 during trading on Friday, reaching $25.58. 5,346 shares of the company’s stock traded hands, compared to its average volume of 23,307. CHS has a fifty-two week low of $25.15 and a fifty-two week high of $26.27. The company has a 50-day simple moving average of $25.52 and a 200-day simple moving average of $25.64.

CHS Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a $0.4688 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.3%.

CHS Company Profile

(Get Free Report)

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.

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