CHS Inc. (NASDAQ:CHSCM – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 23,555 shares, a growth of 250.3% from the September 15th total of 6,724 shares. Based on an average daily volume of 33,606 shares, the short-interest ratio is currently 0.7 days.
CHS Stock Down 0.8%
CHSCM stock traded down $0.18 during midday trading on Friday, reaching $23.04. 41,302 shares of the company were exchanged, compared to its average volume of 26,023. CHS has a 1-year low of $23.02 and a 1-year high of $25.40. The stock’s 50-day simple moving average is $24.24 and its 200 day simple moving average is $24.55.
About CHS
CHS Inc is a farmer-owned cooperative and diversified agribusiness company headquartered in Inver Grove Heights, Minnesota. The company provides agricultural products, services and expertise to farmers, ranchers, cooperatives and other customers in the United States and internationally.
Its business activities include grain marketing and handling, crop nutrients, crop protection products, seed, animal nutrition and agricultural supply services. CHS also operates in the energy sector, supplying refined fuels, propane, lubricants and related products through wholesale and retail channels, including the Cenex brand.
CHS serves customers through a network of local cooperatives, agricultural retailers and other business operations.
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