CHS Inc. (NASDAQ:CHSCO) Sees Large Decrease in Short Interest

CHS Inc. (NASDAQ:CHSCO) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 4,239 shares, a drop of 21.9% from the December 31st total of 5,428 shares. Based on an average daily volume of 17,907 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 17,907 shares, the days-to-cover ratio is currently 0.2 days.

CHS Price Performance

Shares of NASDAQ:CHSCO traded down $0.05 on Friday, hitting $26.19. The company had a trading volume of 78,846 shares, compared to its average volume of 19,682. CHS has a 1-year low of $25.61 and a 1-year high of $27.35. The stock has a 50 day moving average price of $26.18 and a 200 day moving average price of $26.52.

CHS Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a $0.4922 dividend. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, March 17th.

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.