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

CHS Inc. (NASDAQ:CHSCN) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 6,200 shares, a drop of 16.2% from the August 31st total of 7,400 shares. Based on an average daily volume of 16,600 shares, the days-to-cover ratio is presently 0.4 days.

CHS Stock Performance

CHSCN traded up $0.02 during midday trading on Friday, reaching $26.27. The company had a trading volume of 30,738 shares, compared to its average volume of 20,650. CHS has a 1 year low of $24.41 and a 1 year high of $26.90. The business has a 50-day moving average of $25.72 and a two-hundred day moving average of $25.79.

CHS Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.4438 per share. This represents a $1.78 dividend on an annualized basis and a yield of 6.76%. The ex-dividend date of this dividend is Monday, September 16th.

About CHS

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.