CHS Inc. (NASDAQ:CHSCN) Sees Large Decrease in Short Interest

CHS Inc. (NASDAQ:CHSCN) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 7,600 shares, a drop of 14.6% from the October 15th total of 8,900 shares. Based on an average daily trading volume, of 15,700 shares, the days-to-cover ratio is currently 0.5 days.

CHS Stock Down 0.2 %

NASDAQ CHSCN traded down $0.06 during trading hours on Monday, hitting $25.50. The company had a trading volume of 13,734 shares, compared to its average volume of 19,771. The firm’s 50 day moving average is $25.87 and its 200 day moving average is $25.80. CHS has a fifty-two week low of $24.95 and a fifty-two week high of $26.90.

CHS Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be issued a dividend of $0.4438 per share. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 6.96%.

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.