Short Interest in CHS Inc. (NASDAQ:CHSCP) Decreases By 53.3%

CHS Inc. (NASDAQ:CHSCP) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 5,700 shares, a decline of 53.3% from the September 30th total of 12,200 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 11,400 shares, the short-interest ratio is currently 0.5 days.

CHS Stock Performance

Shares of CHSCP stock traded up $0.07 during trading hours on Friday, reaching $30.70. 4,829 shares of the company traded hands, compared to its average volume of 10,783. The firm has a 50-day moving average price of $30.24 and a 200 day moving average price of $30.34. CHS has a 12-month low of $28.78 and a 12-month high of $33.41. The company has a quick ratio of 0.91, a current ratio of 1.58 and a debt-to-equity ratio of 0.20.

CHS Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were given a $0.50 dividend. The ex-dividend date was Monday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.51%.

Institutional Trading of CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC boosted its holdings in CHS Inc. (NASDAQ:CHSCP) by 16.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 17,953 shares of the company’s stock after buying an additional 2,553 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $551,000 as of its most recent SEC filing.

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.