Short Interest in CHS Inc. (NASDAQ:CHSCM) Rises By 895.6%

CHS Inc. (NASDAQ:CHSCMGet Free Report) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 36,580 shares, an increase of 895.6% from the February 12th total of 3,674 shares. Based on an average daily trading volume, of 30,520 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 30,520 shares, the days-to-cover ratio is currently 1.2 days.

CHS Stock Up 0.0%

Shares of NASDAQ CHSCM traded up $0.01 during trading on Tuesday, hitting $25.16. The company had a trading volume of 7,777 shares, compared to its average volume of 19,921. The stock has a fifty day simple moving average of $25.04 and a two-hundred day simple moving average of $24.98. CHS has a fifty-two week low of $23.72 and a fifty-two week high of $25.40.

CHS Dividend Announcement

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

Institutional Trading of CHS

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

About CHS

(Get Free Report)

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.

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