CHS Inc. (NASDAQ:CHSCM) Sees Significant Decrease in Short Interest

by · The Markets Daily

CHS Inc. (NASDAQ:CHSCM – Get Free Report) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,511 shares, a decline of 65.5% from the August 15th total of 13,094 shares. Based on an average daily trading volume, of 24,936 shares, the short-interest ratio is presently 0.2 days.

CHS Stock Performance

Shares of NASDAQ CHSCM traded down $0.09 during mid-day trading on Friday, reaching $24.39. 23,590 shares of the company traded hands, compared to its average volume of 25,055. The company’s fifty day moving average is $24.45 and its two-hundred day moving average is $24.72. CHS has a fifty-two week low of $24.11 and a fifty-two week high of $25.40.

CHS Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.4219 per share. This represents a $1.69 annualized dividend and a yield of 6.9%. The ex-dividend date is Wednesday, September 16th.

About CHS

(Get Free Report)

CHS Inc (NASDAQ: CHSCM) is a diversified, global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. Headquartered in Inver Grove Heights, Minnesota, the company operates two primary business segments: Energy and Ag Business. Through its Energy segment, CHS markets and distributes refined fuels, lubricants, propane and renewable energy products under the Cenex® brand, and it manages a nationwide network of fuel distribution terminals, convenience stores and retail outlets.

In its Ag Business segment, CHS provides grain marketing, crop nutrients, crop protection products and animal nutrition solutions.

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