CHS Inc. (NASDAQ:CHSCL) Sees Large Drop in Short Interest

CHS Inc. (NASDAQ:CHSCL) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 20,040 shares, a drop of 69.0% from the June 30th total of 64,603 shares. Based on an average daily trading volume, of 22,779 shares, the days-to-cover ratio is currently 0.9 days.

CHS Trading Up 0.1%

Shares of CHSCL traded up $0.04 on Tuesday, reaching $25.39. The company’s stock had a trading volume of 2,514 shares, compared to its average volume of 24,824. CHS has a twelve month low of $25.17 and a twelve month high of $26.03. The firm has a fifty day moving average of $25.53 and a 200-day moving average of $25.60.

CHS Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.4688 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $1.88 annualized dividend and a dividend yield of 7.4%.

About CHS

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.