Short Interest in CHS Inc. (NASDAQ:CHSCM) Decreases By 50.4%

CHS Inc. (NASDAQ:CHSCM) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totalling 6,700 shares, a drop of 50.4% from the May 31st total of 13,500 shares. Based on an average daily volume of 28,500 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of CHS

A hedge fund recently bought a new stake in CHS stock. Thompson Investment Management Inc. bought a new position in shares of CHS Inc. (NASDAQ:CHSCM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,000 shares of the company’s stock, valued at approximately $50,000.

CHS Price Performance

CHSCM stock traded up $0.02 during trading on Friday, reaching $25.09. 43,337 shares of the company traded hands, compared to its average volume of 29,316. CHS has a 12 month low of $23.51 and a 12 month high of $26.08. The business has a 50 day simple moving average of $25.28 and a 200 day simple moving average of $25.18.

CHS Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, June 13th will be paid a dividend of $0.4219 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.73%.

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.