CHS (NASDAQ:CHSCL) Shares Cross Below 50 Day Moving Average of $25.86

CHS Inc. (NASDAQ:CHSCL)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $25.86 and traded as low as $25.70. CHS shares last traded at $25.90, with a volume of 51,333 shares.

CHS Price Performance

The firm’s fifty day moving average is $25.86 and its 200-day moving average is $25.89.

CHS Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be issued a $0.4688 dividend. The ex-dividend date of this dividend is Monday, September 16th. This represents a $1.88 annualized dividend and a dividend yield of 7.24%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in CHS stock. Tradition Wealth Management LLC grew its holdings in CHS Inc. (NASDAQ:CHSCL) by 24.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,955 shares of the company’s stock after purchasing an additional 5,568 shares during the quarter. Tradition Wealth Management LLC’s holdings in CHS were worth $707,000 at the end of the most recent reporting period.

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.