Short Interest in CHS Inc. (NASDAQ:CHSCL) Expands By 208.8%

CHS Inc. (NASDAQ:CHSCL) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 64,603 shares, a growth of 208.8% from the June 15th total of 20,922 shares. Based on an average daily volume of 60,228 shares, the days-to-cover ratio is presently 1.1 days.

CHS Stock Down 0.2%

CHSCL stock traded down $0.04 during midday trading on Monday, reaching $25.30. The company had a trading volume of 8,370 shares, compared to its average volume of 25,344. The company has a 50 day moving average of $25.61 and a two-hundred day moving average of $25.59. CHS has a 1 year low of $25.17 and a 1 year high of $26.03.

CHS Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a dividend of $0.4688 per share. This represents a $1.88 annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Wednesday, September 16th.

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.