CHS Inc. (NASDAQ:CHSCL) Short Interest Down 69.0% in July

CHS Inc. (NASDAQ:CHSCL) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 20,040 shares, a decline of 69.0% from the June 30th total of 64,603 shares. Based on an average daily volume of 22,779 shares, the days-to-cover ratio is presently 0.9 days.

CHS Price Performance

Shares of CHS stock remained flat at $25.35 on Monday. The company had a trading volume of 19,589 shares, compared to its average volume of 24,983. CHS has a 52 week low of $25.17 and a 52 week high of $26.03. The firm’s 50 day moving average price is $25.54 and its two-hundred day moving average price is $25.60.

CHS Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $0.4688 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $1.88 annualized dividend and a yield of 7.4%.

CHS Company Profile

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.