CHS Inc. (NASDAQ:CHSCN) Sees Large Decline in Short Interest
by Michael Walen · The Markets DailyCHS Inc. (NASDAQ:CHSCN – Get Free Report) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 3,577 shares, a decline of 50.4% from the November 30th total of 7,207 shares. Based on an average daily trading volume, of 21,963 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 21,963 shares, the days-to-cover ratio is presently 0.2 days.
CHS Trading Down 0.0%
NASDAQ CHSCN traded down $0.01 during trading hours on Friday, hitting $24.89. 16,848 shares of the stock were exchanged, compared to its average volume of 22,314. CHS has a 12-month low of $24.35 and a 12-month high of $26.00. The stock has a 50-day moving average of $25.15 and a 200 day moving average of $25.16.
CHS Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.4438 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Tuesday, December 16th.
CHS Company Profile
CHS Inc is a diversified global cooperative owned by farmers, ranchers and cooperatives across the United States. Established in 1931 and headquartered in Inver Grove Heights, Minnesota, the company operates through a network of locally owned cooperatives, agribusinesses, and operations in energy, grains and foods. As a member-owned organization, CHS focuses on adding value for its owners by providing marketing, distribution and processing services that help rural communities thrive.
The company’s business activities are organized into three primary segments.