CHS Inc. (NASDAQ:CHSCM) Sees Significant Growth in Short Interest

CHS Inc. (NASDAQ:CHSCM) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 20,700 shares, an increase of 340.4% from the February 13th total of 4,700 shares. Based on an average trading volume of 27,000 shares, the short-interest ratio is currently 0.8 days.

CHS Stock Down 0.3 %

NASDAQ CHSCM traded down $0.08 during trading on Wednesday, reaching $25.23. 16,500 shares of the company traded hands, compared to its average volume of 20,640. CHS has a 1-year low of $24.55 and a 1-year high of $26.19. The stock’s 50 day moving average price is $25.18 and its two-hundred day moving average price is $25.33.

CHS Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 6.69%. The ex-dividend date is Monday, March 17th.

CHS Company Profile

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.