Short Interest in CHS Inc. (NASDAQ:CHSCL) Declines By 65.8%

CHS Inc. (NASDAQ:CHSCL) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 15,100 shares, a decrease of 65.8% from the February 28th total of 44,200 shares. Based on an average daily volume of 36,000 shares, the days-to-cover ratio is currently 0.4 days.

CHS Stock Performance

CHS stock traded down $0.01 during trading hours on Friday, reaching $25.54. The stock had a trading volume of 5,512 shares, compared to its average volume of 34,046. The business’s 50 day moving average price is $25.88 and its 200-day moving average price is $25.93. CHS has a 52 week low of $25.32 and a 52 week high of $26.49.

CHS Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.4688 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.88 annualized dividend and a yield of 7.34%.

Institutional Investors Weigh In On CHS

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC increased its stake in shares of CHS Inc. (NASDAQ:CHSCL) by 11.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 110,505 shares of the company’s stock after buying an additional 11,062 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,837,000 as of its most recent SEC filing.

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.