CHS Inc. (NASDAQ:CHSCP) Short Interest Up 506.9% in November

CHS Inc. (NASDAQ:CHSCP) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 17,600 shares, an increase of 506.9% from the November 15th total of 2,900 shares. Based on an average daily trading volume, of 13,100 shares, the short-interest ratio is presently 1.3 days. Approximately 0.1% of the shares of the company are short sold.

CHS Stock Performance

CHSCP traded up $0.22 during trading on Wednesday, hitting $28.98. The stock had a trading volume of 5,489 shares, compared to its average volume of 11,546. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.04 and a current ratio of 1.61. CHS has a 12 month low of $28.17 and a 12 month high of $33.41. The company has a 50 day simple moving average of $29.72 and a 200-day simple moving average of $30.11.

CHS Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 6.90%. The ex-dividend date is Tuesday, December 17th.

Institutional Investors Weigh In On CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC grew its stake in shares of CHS Inc. (NASDAQ:CHSCP) by 16.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 17,953 shares of the company’s stock after buying an additional 2,553 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $551,000 as of its most recent filing with the SEC.

About CHS

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.