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

CHS Inc. (NASDAQ:CHSCL) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 29,200 shares, an increase of 31.5% from the December 15th total of 22,200 shares. Based on an average daily volume of 31,000 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC lifted its stake in CHS Inc. (NASDAQ:CHSCL) by 1.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,443 shares of the company’s stock after purchasing an additional 1,350 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,577,000 at the end of the most recent quarter.

CHS Trading Down 0.5 %

NASDAQ CHSCL opened at $25.82 on Friday. The business’s fifty day moving average is $25.80 and its 200 day moving average is $25.92. CHS has a fifty-two week low of $25.32 and a fifty-two week high of $26.63.

CHS Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a dividend of $0.4688 per share. This represents a $1.88 annualized dividend and a dividend yield of 7.26%. The ex-dividend date is Monday, March 17th.

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.