CHS Inc. (NASDAQ:CHSCL) Stock Short Interest Falls 56.8%

CHS Inc. (NASDAQ:CHSCL) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 15,014 shares, a decrease of 56.8% from the September 30th total of 34,771 shares. Based on an average daily volume of 38,967 shares, the short-interest ratio is presently 0.4 days.

CHS Stock Performance

Shares of CHSCL traded down $0.33 on Friday, reaching $24.25. 91,017 shares of the company’s stock traded hands, compared to its average volume of 27,998. CHS has a 52-week low of $24.15 and a 52-week high of $25.95. The stock’s 50 day simple moving average is $25.11 and its two-hundred day simple moving average is $25.46.

About CHS

CHS Inc is a farmer-owned cooperative and diversified agribusiness headquartered in Inver Grove Heights, Minnesota. The company serves agricultural producers, cooperatives and other customers through operations spanning agriculture, energy and food-related businesses.

Its agricultural activities include the marketing and transportation of grain and oilseeds, as well as the distribution of crop nutrients, seed, crop protection products and related farm services. CHS also provides animal feed and other products intended to support agricultural production.

Through its energy operations, CHS supplies refined fuels, propane, lubricants and other petroleum products to cooperatives, retailers, commercial customers and agricultural producers.