Short Interest in CHS Inc. (NASDAQ:CHSCO) Drops By 42.5%

CHS Inc. (NASDAQ:CHSCO) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 9,600 shares, a decrease of 42.5% from the October 31st total of 16,700 shares. Based on an average daily trading volume, of 13,800 shares, the days-to-cover ratio is currently 0.7 days.

CHS Stock Performance

CHSCO stock traded up $0.25 during midday trading on Thursday, reaching $26.85. The company’s stock had a trading volume of 22,280 shares, compared to its average volume of 17,009. CHS has a 1 year low of $25.71 and a 1 year high of $27.73. The stock has a fifty day simple moving average of $26.99 and a two-hundred day simple moving average of $26.90.

CHS Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be paid a dividend of $0.4922 per share. The ex-dividend date is Tuesday, December 17th. This is an increase from CHS’s previous quarterly dividend of $0.49. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.33%.

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.