CHS Inc. (NASDAQ:CHSCL) Sees Large Decrease in Short Interest

CHS Inc. (NASDAQ:CHSCL) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 7,933 shares, a decline of 60.4% from the July 15th total of 20,040 shares. Based on an average daily trading volume, of 22,522 shares, the days-to-cover ratio is currently 0.4 days.

CHS Trading Up 0.1%

Shares of NASDAQ:CHSCL opened at $25.38 on Friday. The business’s fifty day moving average price is $25.42 and its two-hundred day moving average price is $25.57. CHS has a fifty-two week low of $25.17 and a fifty-two week high of $26.01.

CHS Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.4688 dividend. This represents a $1.88 annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Wednesday, September 16th.

CHS Company Profile

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.