CHS Inc. (NASDAQ:CHSCO) Short Interest Update

CHS Inc. (NASDAQ:CHSCO) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 56,772 shares, an increase of 284.2% from the June 15th total of 14,777 shares. Based on an average daily volume of 64,357 shares, the days-to-cover ratio is presently 0.9 days.

CHS Price Performance

Shares of NASDAQ:CHSCO traded up $0.04 on Friday, hitting $25.91. The company had a trading volume of 8,097 shares, compared to its average volume of 23,555. CHS has a 1-year low of $25.51 and a 1-year high of $27.16. The stock has a 50 day moving average price of $26.09 and a 200 day moving average price of $26.16.

CHS Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a dividend of $0.4922 per share. The ex-dividend date is Wednesday, September 16th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.6%.

About CHS

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.