CHS Inc. (NASDAQ:CHSCL) Sees Large Decline in Short Interest

CHS Inc. (NASDAQ:CHSCL) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 6,700 shares, a decrease of 33.0% from the March 15th total of 10,000 shares. Based on an average daily trading volume, of 32,500 shares, the short-interest ratio is presently 0.2 days.

CHS Stock Up 0.0 %

CHSCL traded up $0.01 during midday trading on Friday, hitting $25.63. The company’s stock had a trading volume of 26,716 shares, compared to its average volume of 33,417. CHS has a 52-week low of $24.92 and a 52-week high of $26.75. The firm has a 50-day moving average price of $25.99 and a two-hundred day moving average price of $25.70.

CHS Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 13th will be issued a $0.4688 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 7.32%. The ex-dividend date is Thursday, June 13th.

Hedge Funds Weigh In On CHS

An institutional investor recently raised its position in CHS stock. Tradition Wealth Management LLC lifted its holdings in shares of CHS Inc. (NASDAQ:CHSCL) by 24.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,955 shares of the company’s stock after acquiring an additional 5,568 shares during the quarter. Tradition Wealth Management LLC’s holdings in CHS were worth $707,000 as of its most recent filing with the Securities and Exchange Commission.

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.