Short Interest in CHS Inc. (NASDAQ:CHSCM) Decreases By 63.3%

CHS Inc. (NASDAQ:CHSCM) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 7,600 shares, a decline of 63.3% from the February 28th total of 20,700 shares. Based on an average daily volume of 25,600 shares, the days-to-cover ratio is currently 0.3 days.

CHS Price Performance

Shares of NASDAQ:CHSCM remained flat at $24.90 during midday trading on Friday. The stock had a trading volume of 26,556 shares, compared to its average volume of 25,988. The stock’s 50 day moving average price is $25.20 and its 200 day moving average price is $25.29. CHS has a 1 year low of $24.55 and a 1 year high of $26.19.

CHS Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a $0.4219 dividend. The ex-dividend date is Monday, March 17th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.78%.

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.