CHS Inc. (NASDAQ:CHSCN) Sees Large Growth in Short Interest

CHS Inc. (NASDAQ:CHSCN) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 28,900 shares, an increase of 622.5% from the January 15th total of 4,000 shares. Based on an average trading volume of 23,700 shares, the short-interest ratio is presently 1.2 days.

CHS Price Performance

Shares of CHSCN opened at $25.33 on Thursday. CHS has a 1-year low of $24.93 and a 1-year high of $26.90. The business’s 50-day moving average price is $25.45 and its 200 day moving average price is $25.62.

CHS Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a $0.4438 dividend. This represents a $1.78 annualized dividend and a yield of 7.01%. The ex-dividend date of this dividend is Monday, March 17th.

CHS Company Profile

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.