CHS Inc. (NASDAQ:CHSCO) Sees Significant Growth in Short Interest

CHS Inc. (NASDAQ:CHSCO) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 90,500 shares, a growth of 309.5% from the December 31st total of 22,100 shares. Based on an average daily volume of 25,500 shares, the days-to-cover ratio is currently 3.5 days.

CHS Trading Up 0.6 %

CHSCO traded up $0.17 during trading on Wednesday, hitting $26.68. The company had a trading volume of 1,302 shares, compared to its average volume of 23,439. The business has a 50-day moving average of $26.70 and a 200-day moving average of $26.79. CHS has a 1-year low of $25.75 and a 1-year high of $27.73.

CHS Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a $0.4922 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.97 dividend on an annualized basis and a yield of 7.38%.

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.