Short Interest in CHS Inc. (NASDAQ:CHSCO) Increases By 11.6%

CHS Inc. (NASDAQ:CHSCO) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 9,600 shares, an increase of 11.6% from the August 31st total of 8,600 shares. Based on an average daily trading volume, of 16,400 shares, the days-to-cover ratio is currently 0.6 days.

CHS Price Performance

Shares of CHS stock traded up $0.03 during trading on Tuesday, reaching $26.80. The company’s stock had a trading volume of 5,919 shares, compared to its average volume of 18,158. CHS has a 52-week low of $25.46 and a 52-week high of $27.73. The firm’s 50-day moving average is $26.70 and its two-hundred day moving average is $26.86.

CHS Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were paid a $0.4922 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $1.97 dividend on an annualized basis and a yield of 7.35%.

CHS Company Profile

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.