CHS Inc. (NASDAQ:CHSCO – Get Free Report) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 56,772 shares, an increase of 284.2% from the June 15th total of 14,777 shares. Based on an average daily trading volume, of 64,357 shares, the short-interest ratio is presently 0.9 days.
CHS Stock Up 0.1%
CHS stock traded up $0.01 during trading on Tuesday, reaching $25.89. 1,734 shares of the company’s stock were exchanged, compared to its average volume of 23,292. CHS has a 52-week low of $25.51 and a 52-week high of $27.16. The company’s 50-day moving average is $26.09 and its two-hundred day moving average is $26.16.
CHS Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be issued a $0.4922 dividend. This represents a $1.97 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Wednesday, September 16th.
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.
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