Short Interest in CHS Inc. (NASDAQ:CHSCN) Decreases By 61.6%

CHS Inc. (NASDAQ:CHSCNGet Free Report) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 6,389 shares, a decline of 61.6% from the May 14th total of 16,651 shares. Based on an average trading volume of 24,415 shares, the short-interest ratio is presently 0.3 days.

CHS Stock Performance

NASDAQ CHSCN traded up $0.12 on Friday, hitting $25.15. 44,271 shares of the company’s stock traded hands, compared to its average volume of 19,749. CHS has a 1-year low of $24.35 and a 1-year high of $25.78. The firm’s 50-day moving average price is $25.22 and its two-hundred day moving average price is $25.22.

CHS Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.4438 per share. This represents a $1.78 annualized dividend and a yield of 7.1%. The ex-dividend date is Monday, June 15th.

About CHS

(Get Free Report)

CHS Inc is a diversified global cooperative owned by farmers, ranchers and cooperatives across the United States. Established in 1931 and headquartered in Inver Grove Heights, Minnesota, the company operates through a network of locally owned cooperatives, agribusinesses, and operations in energy, grains and foods. As a member-owned organization, CHS focuses on adding value for its owners by providing marketing, distribution and processing services that help rural communities thrive.

The company’s business activities are organized into three primary segments.

Further Reading

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