Short Interest in CHS Inc. (NASDAQ:CHSCO) Declines By 43.7%

CHS Inc. (NASDAQ:CHSCO) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 18,207 shares, a drop of 43.7% from the July 30th total of 32,360 shares. Based on an average daily volume of 15,004 shares, the days-to-cover ratio is presently 1.2 days.

CHS Trading Down 0.3%

CHSCO stock traded down $0.07 during trading on Friday, hitting $25.98. The stock had a trading volume of 12,409 shares, compared to its average volume of 22,255. The company’s 50 day moving average price is $25.79 and its two-hundred day moving average price is $26.07. CHS has a 1-year low of $25.51 and a 1-year high of $27.16.

CHS Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a dividend of $0.4922 per share. The ex-dividend date is Wednesday, September 16th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.6%.

CHS Company Profile

CHS Inc (NASDAQ: CHSCO) is a diversified, global agribusiness owned by farmers and ranchers across the United States. Headquartered in Inver Grove Heights, Minnesota, the cooperative operates through multiple business segments that provide products, services and solutions to agricultural producers, food manufacturers and energy customers. CHS leverages its cooperative structure to deliver value to its member-owners while competing as a global agribusiness enterprise.

The company’s agriculture operations include grain marketing, oilseed processing, crop nutrients, seeds, crop protection products and plant nutrition services.