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

by · The Markets Daily

CHS Inc. (NASDAQ:CHSCM – Get Free Report) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 12,434 shares, a drop of 47.2% from the September 30th total of 23,555 shares. Based on an average daily trading volume, of 37,034 shares, the days-to-cover ratio is currently 0.3 days.

CHS Trading Down 0.4%

Shares of NASDAQ CHSCM traded down $0.10 during midday trading on Friday, hitting $22.20. The company’s stock had a trading volume of 60,856 shares, compared to its average volume of 27,067. CHS has a 1-year low of $22.11 and a 1-year high of $25.40. The firm’s fifty day moving average price is $23.67 and its 200-day moving average price is $24.53.

CHS Company Profile

(Get Free Report)

CHS Inc is a member-owned agricultural cooperative that provides agribusiness and energy products and services to farmers, cooperatives and other customers. The company’s operations include grain marketing and handling, crop nutrients and crop protection products, animal nutrition, food and food ingredients, and renewable fuels.

Through its energy business, CHS supplies refined fuels, propane, lubricants and related products. Its Cenex brand serves agricultural, commercial and retail customers through a network of independently owned and operated locations, including fuel stations and convenience stores.

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