CHS Inc. (NASDAQ:CHSCL) Sees Significant Decline in Short Interest

CHS Inc. (NASDAQ:CHSCLGet Rating) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totalling 3,400 shares, a decrease of 47.7% from the April 15th total of 6,500 shares. Based on an average daily trading volume, of 27,200 shares, the short-interest ratio is currently 0.1 days.

NASDAQ:CHSCL traded down $0.43 on Friday, hitting $25.71. 46,254 shares of the stock were exchanged, compared to its average volume of 28,267. CHS has a 52 week low of $25.63 and a 52 week high of $30.28. The company’s 50-day moving average price is $27.28 and its 200 day moving average price is $27.98.

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC grew its stake in CHS Inc. (NASDAQ:CHSCLGet Rating) by 2.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 71,252 shares of the company’s stock after acquiring an additional 1,827 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,029,000 at the end of the most recent quarter.

About CHS (Get Rating)

CHS Inc, an integrated agricultural company, provides grains, foods, and energy resources to businesses and consumers in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Energy, Ag, Nitrogen Production, and Foods. It is involved in the operation of petroleum refineries and pipelines; supply, marketing, and distribution of refined fuels, including gasoline, diesel fuel, and other energy products; blending, sale, and distribution of lubricants; and the supply of propane and other natural gas liquids.

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