CHS Inc. (NASDAQ:CHSCL) Short Interest Up 36.1% in February

CHS Inc. (NASDAQ:CHSCL) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 27,248 shares, an increase of 36.1% from the February 12th total of 20,024 shares. Based on an average daily volume of 36,461 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 36,461 shares, the days-to-cover ratio is presently 0.7 days.

CHS Price Performance

CHSCL stock opened at $25.76 on Monday. CHS has a 12 month low of $25.15 and a 12 month high of $26.10. The company’s 50-day moving average price is $25.70 and its two-hundred day moving average price is $25.65.

CHS Dividend Announcement

The firm 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 dividend of $0.4688 per share. The ex-dividend date is Tuesday, March 17th. This represents a $1.88 annualized dividend and a yield of 7.3%.

Hedge Funds Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. purchased a new position in shares of CHS Inc. (NASDAQ:CHSCL) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,896 shares of the company’s stock, valued at approximately $177,000.

CHS Company Profile

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.