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

CHS Inc. (NASDAQ:CHSCN) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 4,900 shares, a growth of 58.1% from the February 28th total of 3,100 shares. Based on an average daily trading volume, of 18,800 shares, the days-to-cover ratio is currently 0.3 days.

CHS Price Performance

CHSCN stock remained flat at $25.10 during mid-day trading on Friday. 30,818 shares of the company’s stock were exchanged, compared to its average volume of 19,445. The business has a 50 day moving average of $25.51 and a 200 day moving average of $25.60. CHS has a twelve month low of $24.93 and a twelve month high of $26.71.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.4438 dividend. The ex-dividend date is Monday, March 17th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.07%.

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.