CHS Inc. (NASDAQ:CHSCL) Short Interest Update

CHS Inc. (NASDAQ:CHSCL) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 22,949 shares, a growth of 104.3% from the January 15th total of 11,234 shares. Based on an average trading volume of 24,057 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 24,057 shares, the days-to-cover ratio is currently 1.0 days.

CHS Stock Up 0.1%

Shares of CHSCL opened at $25.77 on Friday. The firm’s 50 day moving average is $25.59 and its 200-day moving average is $25.68. CHS has a 12-month low of $25.15 and a 12-month high of $26.27.

CHS Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued a $0.4688 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.88 annualized dividend and a dividend yield of 7.3%.

Hedge Funds Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. purchased a new stake in shares of CHS Inc. (NASDAQ:CHSCL) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,896 shares of the company’s stock, valued at approximately $177,000.

About CHS

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.