CHS Inc. (NASDAQ:CHSCN – Get Free Report) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 13,297 shares, a drop of 57.1% from the March 31st total of 31,031 shares. Based on an average trading volume of 18,538 shares, the days-to-cover ratio is presently 0.7 days.
CHS Trading Up 0.3%
Shares of CHS stock traded up $0.08 on Friday, hitting $25.39. 6,256 shares of the company’s stock were exchanged, compared to its average volume of 20,255. The company has a 50-day simple moving average of $25.23 and a 200-day simple moving average of $25.21. CHS has a 1 year low of $24.35 and a 1 year high of $25.78.
CHS Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.4438 per share. This represents a $1.78 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Monday, June 15th.
About CHS
CHS Inc is a diversified global cooperative owned by farmers, ranchers and cooperatives across the United States. Established in 1931 and headquartered in Inver Grove Heights, Minnesota, the company operates through a network of locally owned cooperatives, agribusinesses, and operations in energy, grains and foods. As a member-owned organization, CHS focuses on adding value for its owners by providing marketing, distribution and processing services that help rural communities thrive.
The company’s business activities are organized into three primary segments.
Further Reading
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