Short Interest in CHS Inc. (NASDAQ:CHSCL) Declines By 65.8%

CHS Inc. (NASDAQ:CHSCL) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 15,100 shares, a drop of 65.8% from the February 28th total of 44,200 shares. Based on an average daily volume of 36,000 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC increased its holdings in shares of CHS Inc. (NASDAQ:CHSCL) by 11.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 110,505 shares of the company’s stock after purchasing an additional 11,062 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,837,000 as of its most recent filing with the Securities and Exchange Commission.

CHS Stock Performance

CHSCL stock opened at $25.58 on Thursday. The business has a fifty day simple moving average of $25.89 and a 200-day simple moving average of $25.93. CHS has a 52 week low of $25.32 and a 52 week high of $26.49.

CHS Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.4688 per share. The ex-dividend date is Monday, March 17th. This represents a $1.88 annualized dividend and a yield of 7.33%.

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.