Short Interest in CHS Inc. (NASDAQ:CHSCO) Declines By 46.9%

CHS Inc. (NASDAQ:CHSCO) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 10,777 shares, a decline of 46.9% from the April 30th total of 20,290 shares. Based on an average daily volume of 12,840 shares, the days-to-cover ratio is presently 0.8 days.

CHS Price Performance

Shares of CHSCO traded up $0.06 during trading hours on Monday, hitting $26.21. The company had a trading volume of 8,722 shares, compared to its average volume of 20,436. The firm has a fifty day moving average price of $26.18 and a 200-day moving average price of $26.23. CHS has a 52-week low of $25.72 and a 52-week high of $27.35.

CHS Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $0.4922 dividend. This represents a $1.97 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, June 15th.

About CHS

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.