CHS Inc. (NASDAQ:CHSCL) Short Interest Down 61.1% in October

CHS Inc. (NASDAQ:CHSCL) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 4,200 shares, a drop of 61.1% from the September 30th total of 10,800 shares. Based on an average daily trading volume, of 24,100 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 24,100 shares, the days-to-cover ratio is presently 0.2 days.

CHS Stock Performance

Shares of CHSCL stock opened at $25.58 on Thursday. CHS has a fifty-two week low of $25.15 and a fifty-two week high of $26.42. The stock has a 50 day moving average price of $25.75 and a two-hundred day moving average price of $25.70.

CHS Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th were issued a $0.4688 dividend. The ex-dividend date was Tuesday, September 16th. This represents a $1.88 annualized dividend and a yield of 7.3%.

Institutional Investors Weigh In On CHS

An institutional investor recently bought a new position in CHS stock. IMA Advisory Services Inc. bought a new position in shares of CHS Inc. (NASDAQ:CHSCL) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,896 shares of the company’s stock, valued at approximately $179,000.

CHS Company Profile

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.