CHS Inc. (NASDAQ:CHSCL) Short Interest Down 37.9% in March

CHS Inc. (NASDAQ:CHSCL) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 16,924 shares, a decrease of 37.9% from the February 26th total of 27,248 shares. Based on an average daily volume of 19,163 shares, the short-interest ratio is presently 0.9 days.

CHS Stock Up 0.1%

NASDAQ CHSCL opened at $25.33 on Friday. The firm’s fifty day moving average price is $25.67 and its two-hundred day moving average price is $25.62. CHS has a fifty-two week low of $25.15 and a fifty-two week high of $26.10.

CHS Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a dividend of $0.4688 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.88 annualized dividend and a dividend yield of 7.4%.

Institutional Investors Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. bought a new stake in CHS Inc. (NASDAQ:CHSCL) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 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.