CHS Inc. (NASDAQ:CHSCO) Short Interest Down 35.0% in July

CHS Inc. (NASDAQ:CHSCO) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 36,903 shares, a drop of 35.0% from the June 30th total of 56,772 shares. Based on an average daily volume of 16,638 shares, the short-interest ratio is currently 2.2 days.

CHS Stock Performance

Shares of CHSCO traded down $0.03 during mid-day trading on Friday, hitting $25.61. The company’s stock had a trading volume of 19,906 shares, compared to its average volume of 22,984. The firm has a 50-day moving average price of $25.95 and a 200 day moving average price of $26.14. CHS has a fifty-two week low of $25.51 and a fifty-two week high of $27.16.

CHS Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a $0.4922 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $1.97 annualized dividend and a yield of 7.7%.

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.