CHS Inc. (NASDAQ:CHSCO) Sees Significant Growth in Short Interest

CHS Inc. (NASDAQ:CHSCOGet Free Report) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 8,600 shares, an increase of 30.3% from the August 15th total of 6,600 shares. Based on an average daily trading volume, of 17,900 shares, the days-to-cover ratio is currently 0.5 days.

CHS Stock Down 1.3 %

NASDAQ CHSCO traded down $0.36 during trading hours on Monday, hitting $26.74. The company had a trading volume of 12,474 shares, compared to its average volume of 17,784. The firm’s 50 day moving average is $26.73 and its 200 day moving average is $26.87. CHS has a fifty-two week low of $25.46 and a fifty-two week high of $27.73.

CHS Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be paid a $0.4922 dividend. The ex-dividend date is Monday, September 16th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.36%.

About CHS

(Get Free Report)

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.

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