Short Interest in CHS Inc (NASDAQ:CHSCP) Drops By 26.9%

CHS Inc (NASDAQ:CHSCP) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 24,806 shares, a decline of 26.9% from the February 26th total of 33,945 shares. Based on an average daily trading volume, of 14,509 shares, the days-to-cover ratio is currently 1.7 days.

CHS Price Performance

NASDAQ:CHSCP traded down $0.01 during midday trading on Monday, reaching $27.75. The stock had a trading volume of 3,179 shares, compared to its average volume of 16,312. CHS has a 1-year low of $26.61 and a 1-year high of $30.57. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.80 and a current ratio of 1.42. The firm’s fifty day simple moving average is $28.16 and its 200-day simple moving average is $28.39.

CHS Announces Dividend

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 issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Tuesday, March 17th.

About CHS

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.