CHS Inc. (NASDAQ:CHSCO) Sees Significant Decrease in Short Interest

CHS Inc. (NASDAQ:CHSCO) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 11,320 shares, a drop of 52.1% from the January 29th total of 23,653 shares. Based on an average daily trading volume, of 10,190 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 10,190 shares, the short-interest ratio is currently 1.1 days.

CHS Trading Down 0.6%

Shares of NASDAQ CHSCO traded down $0.15 on Friday, reaching $26.05. 183,535 shares of the company traded hands, compared to its average volume of 22,242. CHS has a fifty-two week low of $25.61 and a fifty-two week high of $27.35. The company has a 50 day moving average of $26.19 and a 200 day moving average of $26.48.

CHS Dividend Announcement

The business 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 $0.4922 dividend. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Tuesday, March 17th.

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.