CHS Inc. (NASDAQ:CHSCL) Short Interest Update

CHS Inc. (NASDAQ:CHSCL) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 6,123 shares, a drop of 40.3% from the November 30th total of 10,264 shares. Based on an average daily volume of 24,394 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 24,394 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. bought a new stake in shares of CHS Inc. (NASDAQ:CHSCL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,896 shares of the company’s stock, valued at approximately $177,000.

CHS Stock Down 0.1%

Shares of CHS stock traded down $0.03 during trading hours on Friday, reaching $25.28. The company’s stock had a trading volume of 33,234 shares, compared to its average volume of 29,302. The stock’s fifty day simple moving average is $25.54 and its two-hundred day simple moving average is $25.64. CHS has a one year low of $25.15 and a one year high of $26.27.

CHS Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be given a dividend of $0.4688 per share. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.88 annualized dividend and a dividend yield of 7.4%.

CHS Company Profile

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.