CHS Inc. (NASDAQ:CHSCM) Short Interest Down 8.3% in March

CHS Inc. (NASDAQ:CHSCM) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 5,500 shares, a decrease of 8.3% from the March 15th total of 6,000 shares. Based on an average trading volume of 31,300 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On CHS

Hedge funds and other institutional investors have recently made changes to their positions in the company. Comerica Bank acquired a new stake in CHS in the 2nd quarter worth approximately $5,000,000. Davidson Investment Advisors acquired a new stake in CHS in the 3rd quarter worth approximately $288,000. Finally, Thompson Investment Management Inc. acquired a new stake in CHS in the 1st quarter worth approximately $50,000.

CHS Price Performance

CHS stock traded down $0.21 during mid-day trading on Monday, reaching $24.72. 36,189 shares of the company’s stock traded hands, compared to its average volume of 31,593. The stock has a 50 day moving average of $25.32 and a two-hundred day moving average of $24.96. CHS has a 12-month low of $23.51 and a 12-month high of $25.93.

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.