CHS Inc. (NASDAQ:CHSCL – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 15,014 shares, a drop of 56.8% from the September 30th total of 34,771 shares. Based on an average daily trading volume, of 38,967 shares, the days-to-cover ratio is currently 0.4 days.
CHS Trading Down 1.3%
NASDAQ:CHSCL traded down $0.33 during mid-day trading on Friday, hitting $24.25. The company had a trading volume of 91,017 shares, compared to its average volume of 27,998. The business has a fifty day simple moving average of $25.11 and a 200-day simple moving average of $25.46. CHS has a 1 year low of $24.15 and a 1 year high of $25.95.
About CHS
CHS Inc is a farmer-owned cooperative and diversified agribusiness headquartered in Inver Grove Heights, Minnesota. The company serves agricultural producers, cooperatives and other customers through operations spanning agriculture, energy and food-related businesses.
Its agricultural activities include the marketing and transportation of grain and oilseeds, as well as the distribution of crop nutrients, seed, crop protection products and related farm services. CHS also provides animal feed and other products intended to support agricultural production.
Through its energy operations, CHS supplies refined fuels, propane, lubricants and other petroleum products to cooperatives, retailers, commercial customers and agricultural producers.
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