CHS Inc. (NASDAQ:CHSCP) Short Interest Down 53.3% in October

CHS Inc. (NASDAQ:CHSCP) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 5,700 shares, a decrease of 53.3% from the September 30th total of 12,200 shares. Based on an average trading volume of 11,400 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

CHS Price Performance

CHSCP traded up $0.07 during trading on Friday, hitting $30.70. 4,829 shares of the company traded hands, compared to its average volume of 10,783. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.58. The stock’s 50-day simple moving average is $30.24 and its two-hundred day simple moving average is $30.34. CHS has a 1 year low of $28.78 and a 1 year high of $33.41.

CHS Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.51%.

Institutional Investors Weigh In On CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC grew its position in CHS Inc. (NASDAQ:CHSCP) by 16.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,953 shares of the company’s stock after acquiring an additional 2,553 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.