Short Interest in CHS Inc. (NASDAQ:CHSCL) Increases By 208.8%

CHS Inc. (NASDAQ:CHSCL) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 64,603 shares, a growth of 208.8% from the June 15th total of 20,922 shares. Based on an average trading volume of 60,228 shares, the days-to-cover ratio is presently 1.1 days.

CHS Stock Down 0.2%

Shares of NASDAQ:CHSCL traded down $0.04 during mid-day trading on Monday, hitting $25.30. The stock had a trading volume of 8,370 shares, compared to its average volume of 25,344. The company’s 50 day moving average is $25.61 and its 200-day moving average is $25.59. CHS has a 12-month low of $25.17 and a 12-month high of $26.03.

CHS Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a $0.4688 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.4%.

About CHS

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.