CHS Inc. (NASDAQ:CHSCO) Short Interest Down 46.9% in May

CHS Inc. (NASDAQ:CHSCO) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 10,777 shares, a drop of 46.9% from the April 30th total of 20,290 shares. Based on an average trading volume of 12,840 shares, the days-to-cover ratio is presently 0.8 days.

CHS Stock Performance

Shares of NASDAQ:CHSCO traded down $0.01 on Tuesday, reaching $26.23. 16,697 shares of the company were exchanged, compared to its average volume of 20,455. CHS has a 1-year low of $25.72 and a 1-year high of $27.35. The company has a 50-day moving average of $26.19 and a 200-day moving average of $26.22.

CHS Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.4922 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.97 annualized dividend and a dividend yield of 7.5%.

CHS Company Profile

CHS Inc (NASDAQ: CHSCO) is a diversified, global agribusiness owned by farmers and ranchers across the United States. Headquartered in Inver Grove Heights, Minnesota, the cooperative operates through multiple business segments that provide products, services and solutions to agricultural producers, food manufacturers and energy customers. CHS leverages its cooperative structure to deliver value to its member-owners while competing as a global agribusiness enterprise.

The company’s agriculture operations include grain marketing, oilseed processing, crop nutrients, seeds, crop protection products and plant nutrition services.