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

CHS Inc. (NASDAQ:CHSCNGet Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 2,660 shares, a drop of 25.6% from the December 15th total of 3,577 shares. Based on an average trading volume of 31,849 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 31,849 shares, the days-to-cover ratio is presently 0.1 days.

CHS Stock Performance

CHS stock opened at $25.27 on Friday. The company’s 50-day moving average is $25.12 and its 200-day moving average is $25.20. CHS has a fifty-two week low of $24.35 and a fifty-two week high of $26.00.

CHS Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a dividend of $0.4438 per share. This represents a $1.78 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Tuesday, March 17th.

About CHS

(Get Free Report)

CHS Inc is a diversified global cooperative owned by farmers, ranchers and cooperatives across the United States. Established in 1931 and headquartered in Inver Grove Heights, Minnesota, the company operates through a network of locally owned cooperatives, agribusinesses, and operations in energy, grains and foods. As a member-owned organization, CHS focuses on adding value for its owners by providing marketing, distribution and processing services that help rural communities thrive.

The company’s business activities are organized into three primary segments.

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