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

CHS Inc. (NASDAQ:CHSCN) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 7,600 shares, a decline of 14.6% from the October 15th total of 8,900 shares. Based on an average daily volume of 15,700 shares, the short-interest ratio is currently 0.5 days.

CHS Stock Performance

NASDAQ CHSCN traded down $0.06 on Monday, hitting $25.50. 13,734 shares of the company’s stock were exchanged, compared to its average volume of 19,771. The firm’s 50-day moving average price is $25.87 and its two-hundred day moving average price is $25.80. CHS has a fifty-two week low of $24.95 and a fifty-two week high of $26.90.

CHS Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be issued a dividend of $0.4438 per share. This represents a $1.78 dividend on an annualized basis and a yield of 6.96%. The ex-dividend date is Tuesday, December 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.