CHS Inc. (NASDAQ:CHSCN – Get Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 38,679 shares, a drop of 62.4% from the June 30th total of 102,787 shares. Based on an average daily volume of 27,867 shares, the days-to-cover ratio is presently 1.4 days.
CHS Price Performance
CHSCN stock traded down $0.06 during midday trading on Tuesday, hitting $25.02. The stock had a trading volume of 515 shares, compared to its average volume of 23,599. The business has a 50-day moving average of $25.02 and a two-hundred day moving average of $25.19. CHS has a 52-week low of $24.59 and a 52-week high of $25.78.
CHS Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be paid a $0.4438 dividend. This represents a $1.77 annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Wednesday, September 16th.
About CHS
CHS Inc is a diversified global cooperative owned by farmers, ranchers and cooperatives across the United States. Established in 1931 and headquartered in Inver Grove Heights, Minnesota, the company operates through a network of locally owned cooperatives, agribusinesses, and operations in energy, grains and foods. As a member-owned organization, CHS focuses on adding value for its owners by providing marketing, distribution and processing services that help rural communities thrive.
The company’s business activities are organized into three primary segments.
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