CHS Inc (NASDAQ:CHSCP) Sees Large Growth in Short Interest

CHS Inc (NASDAQ:CHSCP) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 11,338 shares, an increase of 112.7% from the November 30th total of 5,330 shares. Based on an average daily volume of 18,509 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 18,509 shares, the short-interest ratio is presently 0.6 days.

CHS Trading Down 0.0%

CHSCP stock traded down $0.00 during mid-day trading on Friday, reaching $27.77. The company had a trading volume of 2,855 shares, compared to its average volume of 16,510. The firm has a 50 day moving average of $28.14 and a 200 day moving average of $28.44. CHS has a 12 month low of $26.61 and a 12 month high of $30.57. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.91.

CHS Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, December 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.2%.

About CHS

CHS Inc (NASDAQ: CHSCP) is a global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. The company operates through two primary segments: energy and agriculture. In its energy segment, CHS markets refined fuels, lubricants, propane and renewable energy products under the Cenex® brand and supplies wholesale fuel to a network of branded and unbranded retail sites. Its agriculture segment provides grain marketing, oilseed processing, crop nutrients, agronomy services and risk management solutions to producers in North America and key global markets.

The company’s product portfolio spans a wide range of offerings designed to support food and energy supply chains.