Short Interest in CHS Inc. (NASDAQ:CHSCP) Grows By 233.3%

CHS Inc. (NASDAQ:CHSCP) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 2,000 shares, a growth of 233.3% from the August 15th total of 600 shares. Based on an average daily volume of 12,400 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC grew its holdings in CHS Inc. (NASDAQ:CHSCP) by 16.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

CHS Stock Performance

NASDAQ CHSCP traded up $0.06 during trading hours on Friday, hitting $30.43. 19,619 shares of the company traded hands, compared to its average volume of 11,006. CHS has a twelve month low of $28.78 and a twelve month high of $33.41. The business’s 50-day moving average is $29.99 and its 200-day moving average is $30.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.58.

CHS Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a $0.50 dividend. The ex-dividend date of this dividend is Monday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.57%.

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.