Short Interest in CHS Inc. (NASDAQ:CHSCM) Expands By 28.8%

CHS Inc. (NASDAQ:CHSCM) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 30,400 shares, a growth of 28.8% from the August 15th total of 23,600 shares. Based on an average daily volume of 26,000 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. Thompson Investment Management Inc. bought a new stake in shares of CHS Inc. (NASDAQ:CHSCM) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,000 shares of the company’s stock, valued at approximately $50,000.

CHS Stock Performance

CHSCM stock traded up $0.10 during mid-day trading on Friday, reaching $25.75. 19,680 shares of the company’s stock were exchanged, compared to its average volume of 28,093. CHS has a 12-month low of $23.51 and a 12-month high of $26.08. The stock’s 50 day moving average is $25.21 and its 200 day moving average is $25.25.

CHS Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.4219 per share. The ex-dividend date is Monday, September 16th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.55%.

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.