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

by · The Cerbat Gem

CHS Inc. (NASDAQ:CHSCN – Get Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 28,200 shares, an increase of 327.3% from the May 31st total of 6,600 shares. Based on an average trading volume of 26,200 shares, the days-to-cover ratio is presently 1.1 days.

CHS Price Performance

Shares of NASDAQ CHSCN traded up $0.09 during midday trading on Friday, hitting $25.75. 28,652 shares of the company’s stock traded hands, compared to its average volume of 22,623. The firm has a fifty day moving average of $25.84 and a 200 day moving average of $25.74. CHS has a 1 year low of $24.41 and a 1 year high of $26.90.

CHS Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 13th will be given a $0.4438 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $1.78 annualized dividend and a yield of 6.89%.

About CHS

(Get Free Report)

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.

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