CHS Inc. (NASDAQ:CHSCL) Short Interest Up 63.8% in August

CHS Inc. (NASDAQ:CHSCL) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 15,400 shares, a growth of 63.8% from the August 15th total of 9,400 shares. Based on an average trading volume of 36,300 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC boosted its stake in shares of CHS Inc. (NASDAQ:CHSCL) by 9.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,093 shares of the company’s stock after buying an additional 8,699 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,550,000 as of its most recent SEC filing.

CHS Trading Down 0.1 %

CHSCL stock traded down $0.03 during midday trading on Friday, reaching $26.10. 31,266 shares of the company traded hands, compared to its average volume of 34,784. The business has a 50 day moving average of $25.88 and a 200-day moving average of $25.90. CHS has a 52-week low of $24.92 and a 52-week high of $26.63.

CHS Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be issued a dividend of $0.4688 per share. The ex-dividend date is Monday, September 16th. This represents a $1.88 annualized dividend and a yield of 7.18%.

About CHS

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.