CHS Inc. (NASDAQ:CHSCL) Short Interest Up 41.1% in January

CHS Inc. (NASDAQ:CHSCL) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 21,300 shares, a growth of 41.1% from the January 15th total of 15,100 shares. Based on an average trading volume of 32,200 shares, the days-to-cover ratio is presently 0.7 days.

CHS Price Performance

CHSCL stock opened at $26.14 on Friday. CHS has a 1-year low of $25.32 and a 1-year high of $26.63. The business’s 50 day simple moving average is $25.80 and its 200 day simple moving average is $25.92.

CHS Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a $0.4688 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date of this dividend is Monday, March 17th.

Institutional Trading of CHS

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC increased its holdings in shares of CHS Inc. (NASDAQ:CHSCL) by 1.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 99,443 shares of the company’s stock after buying an additional 1,350 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,577,000 at the end of the most recent reporting period.

About CHS

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.