CHS Inc. (NASDAQ:CHSCN) Short Interest Update

CHS Inc. (NASDAQ:CHSCN) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 102,787 shares, a growth of 1,316.4% from the June 15th total of 7,257 shares. Based on an average daily volume of 69,836 shares, the short-interest ratio is currently 1.5 days.

CHS Stock Down 0.1%

Shares of CHSCN traded down $0.03 during mid-day trading on Friday, hitting $24.99. 15,633 shares of the company were exchanged, compared to its average volume of 24,502. CHS has a 1-year low of $24.59 and a 1-year high of $25.78. The company has a 50 day moving average of $25.09 and a 200-day moving average of $25.19.

CHS Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.4438 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $1.77 dividend on an annualized basis and a dividend yield of 7.1%.

CHS Company Profile

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.