Short Interest in CHS Inc. (NASDAQ:CHSCL) Increases By 57.3%

CHS Inc. (NASDAQ:CHSCL) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 9,631 shares, a growth of 57.3% from the December 15th total of 6,123 shares. Based on an average daily volume of 52,722 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 52,722 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC boosted its stake in shares of CHS Inc. (NASDAQ:CHSCL) by 5.4% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 118,707 shares of the company’s stock after purchasing an additional 6,091 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,996,000 at the end of the most recent reporting period.

CHS Trading Down 0.0%

Shares of NASDAQ CHSCL opened at $25.59 on Friday. CHS has a 12-month low of $25.15 and a 12-month high of $26.27. The stock has a 50 day simple moving average of $25.52 and a 200-day simple moving average of $25.64.

CHS Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.4688 per share. This represents a $1.88 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Tuesday, March 17th.

CHS Company Profile

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.