CHS Inc (NASDAQ:CHSCP) Sees Large Increase in Short Interest

CHS Inc (NASDAQ:CHSCP) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 11,338 shares, a growth of 112.7% from the November 30th total of 5,330 shares. Based on an average trading volume of 18,509 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 18,509 shares, the days-to-cover ratio is currently 0.6 days.

CHS Price Performance

NASDAQ CHSCP opened at $27.77 on Monday. The company has a quick ratio of 0.91, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average of $28.14 and a two-hundred day moving average of $28.44. CHS has a 1-year low of $26.61 and a 1-year high of $30.57.

CHS Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, December 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.2%.

About CHS

CHS Inc (NASDAQ: CHSCP) is a global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. The company operates through two primary segments: energy and agriculture. In its energy segment, CHS markets refined fuels, lubricants, propane and renewable energy products under the Cenex® brand and supplies wholesale fuel to a network of branded and unbranded retail sites. Its agriculture segment provides grain marketing, oilseed processing, crop nutrients, agronomy services and risk management solutions to producers in North America and key global markets.

The company’s product portfolio spans a wide range of offerings designed to support food and energy supply chains.