Short Interest in CHS Inc. (NASDAQ:CHSCM) Drops By 63.3%

CHS Inc. (NASDAQ:CHSCM) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 7,600 shares, a decline of 63.3% from the February 28th total of 20,700 shares. Based on an average daily trading volume, of 25,600 shares, the short-interest ratio is currently 0.3 days.

CHS Trading Up 0.2 %

NASDAQ CHSCM traded up $0.05 during trading hours on Friday, reaching $24.95. The company had a trading volume of 4,957 shares, compared to its average volume of 25,793. The stock has a 50-day moving average of $25.20 and a 200 day moving average of $25.30. CHS has a 1-year low of $24.55 and a 1-year high of $26.19.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a yield of 6.76%. The ex-dividend date of this dividend is Monday, March 17th.

About CHS

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.