CHS Inc. (NASDAQ:CHSCM) Sees Significant Drop in Short Interest

CHS Inc. (NASDAQ:CHSCMGet Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 3,719 shares, a drop of 47.9% from the December 15th total of 7,134 shares. Based on an average trading volume of 31,373 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 31,373 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. purchased a new stake in CHS Inc. (NASDAQ:CHSCMFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,049 shares of the company’s stock, valued at approximately $175,000.

CHS Trading Up 0.3%

Shares of CHS stock opened at $24.99 on Friday. The firm has a fifty day moving average of $24.90 and a two-hundred day moving average of $24.78. CHS has a 52 week low of $23.72 and a 52 week high of $25.68.

CHS Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be issued a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Tuesday, March 17th.

CHS Company Profile

(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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