Short Interest in CHS Inc. (NASDAQ:CHSCN) Drops By 49.1%

CHS Inc. (NASDAQ:CHSCN) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 8,900 shares, a drop of 49.1% from the September 30th total of 17,500 shares. Based on an average daily volume of 18,700 shares, the days-to-cover ratio is currently 0.5 days.

CHS Trading Down 0.3 %

CHSCN stock traded down $0.07 during midday trading on Friday, reaching $25.62. 8,828 shares of the company’s stock traded hands, compared to its average volume of 20,257. CHS has a 52 week low of $24.41 and a 52 week high of $26.90. The company has a 50-day moving average price of $25.81 and a two-hundred day moving average price of $25.74.

CHS Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a $0.4438 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 6.93%. The ex-dividend date was Monday, September 16th.

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.