CHS Inc. (NASDAQ:CHSCN) Short Interest Update

CHS Inc. (NASDAQ:CHSCN) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 3,577 shares, a drop of 50.4% from the November 30th total of 7,207 shares. Based on an average trading volume of 21,963 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 21,963 shares, the days-to-cover ratio is presently 0.2 days.

CHS Stock Performance

Shares of NASDAQ:CHSCN traded down $0.01 on Friday, reaching $24.89. 16,848 shares of the company were exchanged, compared to its average volume of 22,314. CHS has a 1-year low of $24.35 and a 1-year high of $26.00. The company has a 50-day moving average of $25.15 and a 200-day moving average of $25.16.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.4438 per share. This represents a $1.78 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Tuesday, December 16th.

CHS Company Profile

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.