Short Interest in CHS Inc. (NASDAQ:CHSCO) Decreases By 25.9%

CHS Inc. (NASDAQ:CHSCO) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 5,428 shares, a drop of 25.9% from the December 15th total of 7,325 shares. Based on an average daily volume of 36,787 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 36,787 shares, the days-to-cover ratio is currently 0.1 days.

CHS Price Performance

Shares of CHSCO stock traded up $0.02 during trading hours on Monday, reaching $26.20. The company had a trading volume of 3,720 shares, compared to its average volume of 16,847. CHS has a 12-month low of $25.61 and a 12-month high of $27.35. The stock has a fifty day moving average of $26.21 and a 200-day moving average of $26.52.

CHS Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a $0.4922 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.5%.

About CHS

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.