Short Interest in CHS Inc. (NASDAQ:CHSCM) Declines By 65.5%

CHS Inc. (NASDAQ:CHSCM) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,511 shares, a decline of 65.5% from the August 15th total of 13,094 shares. Based on an average daily trading volume, of 24,936 shares, the days-to-cover ratio is currently 0.2 days.

CHS Stock Performance

Shares of NASDAQ CHSCM traded down $0.04 during trading on Monday, reaching $24.34. 13,020 shares of the company traded hands, compared to its average volume of 24,984. The firm has a 50 day simple moving average of $24.45 and a 200-day simple moving average of $24.71. CHS has a 52-week low of $24.11 and a 52-week high of $25.40.

CHS Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a $0.4219 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $1.69 annualized dividend and a yield of 6.9%.

About CHS

CHS Inc (NASDAQ: CHSCM) is a diversified, global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. Headquartered in Inver Grove Heights, Minnesota, the company operates two primary business segments: Energy and Ag Business. Through its Energy segment, CHS markets and distributes refined fuels, lubricants, propane and renewable energy products under the Cenex® brand, and it manages a nationwide network of fuel distribution terminals, convenience stores and retail outlets.

In its Ag Business segment, CHS provides grain marketing, crop nutrients, crop protection products and animal nutrition solutions.