CHS Inc. (NASDAQ:CHSCN) Sees Large Drop in Short Interest

CHS Inc. (NASDAQ:CHSCN) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 7,600 shares, a drop of 73.7% from the January 31st total of 28,900 shares. Based on an average daily trading volume, of 23,300 shares, the short-interest ratio is currently 0.3 days.

CHS Stock Performance

NASDAQ:CHSCN opened at $25.69 on Friday. The firm has a fifty day simple moving average of $25.49 and a 200-day simple moving average of $25.62. CHS has a 12 month low of $24.93 and a 12 month high of $26.90.

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 $0.4438 per share. The ex-dividend date is Monday, March 17th. This represents a $1.78 annualized dividend and a yield of 6.91%.

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.