CHS Inc. (NASDAQ:CHSCN) Sees Significant Increase in Short Interest

CHS Inc. (NASDAQ:CHSCN) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 28,200 shares, an increase of 327.3% from the May 31st total of 6,600 shares. Based on an average daily volume of 26,200 shares, the days-to-cover ratio is currently 1.1 days.

CHS Trading Up 0.4 %

CHS stock traded up $0.09 during mid-day trading on Friday, hitting $25.75. 28,652 shares of the company traded hands, compared to its average volume of 22,623. CHS has a one year low of $24.41 and a one year high of $26.90. The stock has a fifty day moving average price of $25.84 and a 200-day moving average price of $25.74.

CHS Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 13th will be issued a $0.4438 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date is Thursday, June 13th.

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.