CHS Inc. (NASDAQ:CHSCN) Sees Significant Decline in Short Interest

CHS Inc. (NASDAQ:CHSCN) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 7,600 shares, a drop of 72.0% from the March 31st total of 27,100 shares. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is currently 0.4 days.

CHS Stock Up 0.1 %

Shares of NASDAQ:CHSCN traded up $0.01 during midday trading on Friday, reaching $25.24. 20,496 shares of the company’s stock were exchanged, compared to its average volume of 21,853. The firm’s 50 day simple moving average is $25.86 and its two-hundred day simple moving average is $25.51. CHS has a fifty-two week low of $24.40 and a fifty-two week high of $26.90.

CHS Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 13th will be given a dividend of $0.4438 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.03%. The ex-dividend date is Thursday, June 13th.

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.