CHS Inc. (NASDAQ:CHSCM) Short Interest Down 65.5% in August

CHS Inc. (NASDAQ:CHSCM) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,511 shares, a decline of 65.5% from the August 15th total of 13,094 shares. Based on an average trading volume of 24,936 shares, the short-interest ratio is presently 0.2 days.

CHS Price Performance

Shares of NASDAQ:CHSCM opened at $24.39 on Friday. The business has a 50-day moving average price of $24.45 and a two-hundred day moving average price of $24.72. CHS has a 1-year low of $24.11 and a 1-year high of $25.40.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.4219 per share. The ex-dividend date is Wednesday, September 16th. This represents a $1.69 annualized dividend and a yield of 6.9%.

About CHS

CHS Inc (NASDAQ: CHSCM) is a diversified, global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. Headquartered in Inver Grove Heights, Minnesota, the company operates two primary business segments: Energy and Ag Business. Through its Energy segment, CHS markets and distributes refined fuels, lubricants, propane and renewable energy products under the Cenex® brand, and it manages a nationwide network of fuel distribution terminals, convenience stores and retail outlets.

In its Ag Business segment, CHS provides grain marketing, crop nutrients, crop protection products and animal nutrition solutions.