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

CHS Inc. (NASDAQ:CHSCO) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 23,653 shares, an increase of 458.0% from the January 15th total of 4,239 shares. Based on an average daily trading volume, of 21,078 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 21,078 shares, the days-to-cover ratio is currently 1.1 days.

CHS Trading Up 0.3%

CHSCO traded up $0.07 during trading on Thursday, hitting $26.42. 10,056 shares of the stock traded hands, compared to its average volume of 16,704. The firm has a 50-day moving average of $26.18 and a 200 day moving average of $26.52. CHS has a 12-month low of $25.61 and a 12-month high of $27.35.

CHS Dividend Announcement

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 $0.4922 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.97 dividend on an annualized basis and a yield of 7.5%.

CHS Company Profile

CHS Inc (NASDAQ: CHSCO) is a diversified, global agribusiness owned by farmers and ranchers across the United States. Headquartered in Inver Grove Heights, Minnesota, the cooperative operates through multiple business segments that provide products, services and solutions to agricultural producers, food manufacturers and energy customers. CHS leverages its cooperative structure to deliver value to its member-owners while competing as a global agribusiness enterprise.

The company’s agriculture operations include grain marketing, oilseed processing, crop nutrients, seeds, crop protection products and plant nutrition services.