CHS Inc (NASDAQ:CHSCP) Sees Significant Drop in Short Interest

CHS Inc (NASDAQ:CHSCP) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 8,254 shares, a decline of 51.5% from the July 30th total of 17,025 shares. Based on an average daily volume of 11,570 shares, the days-to-cover ratio is currently 0.7 days.

CHS Stock Performance

Shares of CHS stock traded down $0.03 during mid-day trading on Friday, hitting $26.63. The stock had a trading volume of 26,581 shares, compared to its average volume of 13,379. The firm has a 50-day moving average of $26.72 and a two-hundred day moving average of $27.48. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.94 and a current ratio of 1.47. CHS has a 12-month low of $26.51 and a 12-month high of $30.57.

CHS Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a $0.50 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $2.00 dividend on an annualized basis and a yield of 7.5%.

CHS Company Profile

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.