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

CHS Inc. (NASDAQ:CHSCN) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 21,690 shares, a decline of 73.6% from the February 26th total of 82,077 shares. Based on an average daily trading volume, of 13,196 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily trading volume, of 13,196 shares, the days-to-cover ratio is presently 1.6 days.

CHS Stock Performance

NASDAQ:CHSCN opened at $25.00 on Wednesday. CHS has a 12-month low of $24.35 and a 12-month high of $25.78. The stock’s 50 day moving average price is $25.37 and its two-hundred day moving average price is $25.23.

CHS Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a $0.4438 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date is Tuesday, March 17th.

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.