Short Interest in CHS Inc. (NASDAQ:CHSCL) Declines By 21.7%

CHS Inc. (NASDAQ:CHSCL) was the recipient of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 10,100 shares, a decline of 21.7% from the May 15th total of 12,900 shares. Based on an average trading volume of 35,300 shares, the short-interest ratio is currently 0.3 days.

CHS Stock Down 0.9 %

CHSCL stock traded down $0.23 during mid-day trading on Friday, reaching $25.66. The company’s stock had a trading volume of 24,859 shares, compared to its average volume of 33,484. The company’s 50 day moving average is $25.85 and its two-hundred day moving average is $25.85. CHS has a fifty-two week low of $24.92 and a fifty-two week high of $26.63.

CHS Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 13th will be issued a $0.4688 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $1.88 annualized dividend and a dividend yield of 7.31%.

Institutional Investors Weigh In On CHS

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC lifted its position in CHS Inc. (NASDAQ:CHSCL) by 3.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 89,394 shares of the company’s stock after buying an additional 3,050 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,297,000 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.