CHS Inc. (NASDAQ:CHSCM) Short Interest Up 82.5% in January

CHS Inc. (NASDAQ:CHSCM) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 6,290 shares, a growth of 82.5% from the January 15th total of 3,446 shares. Based on an average daily volume of 19,329 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 19,329 shares, the days-to-cover ratio is presently 0.3 days.

CHS Stock Down 0.2%

NASDAQ:CHSCM traded down $0.04 on Friday, hitting $25.10. The stock had a trading volume of 10,473 shares, compared to its average volume of 17,736. CHS has a 52 week low of $23.72 and a 52 week high of $25.68. The business’s fifty day moving average is $24.93 and its 200 day moving average is $24.92.

CHS Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.4219 per share. The ex-dividend date is Tuesday, March 17th. This represents a $1.69 annualized dividend and a yield of 6.7%.

Hedge Funds Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. purchased a new position in shares of CHS Inc. (NASDAQ:CHSCM) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 7,049 shares of the company’s stock, valued at approximately $175,000.

About CHS

CHS Inc (NASDAQ: CHSCM) is a diversified, global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. Headquartered in Inver Grove Heights, Minnesota, the company operates two primary business segments: Energy and Ag Business. Through its Energy segment, CHS markets and distributes refined fuels, lubricants, propane and renewable energy products under the Cenex® brand, and it manages a nationwide network of fuel distribution terminals, convenience stores and retail outlets.

In its Ag Business segment, CHS provides grain marketing, crop nutrients, crop protection products and animal nutrition solutions.