CHS Inc. (NASDAQ:CHSCL) Sees Large Decrease in Short Interest

CHS Inc. (NASDAQ:CHSCL) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 5,500 shares, a decline of 61.5% from the October 31st total of 14,300 shares. Based on an average daily volume of 26,900 shares, the days-to-cover ratio is presently 0.2 days.

CHS Trading Up 0.6 %

Shares of CHS stock traded up $0.15 on Thursday, reaching $26.00. The stock had a trading volume of 32,958 shares, compared to its average volume of 32,851. The business’s 50 day moving average is $26.13 and its two-hundred day moving average is $25.98. CHS has a 1 year low of $25.17 and a 1 year high of $26.63.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be issued a $0.4688 dividend. This represents a $1.88 annualized dividend and a yield of 7.21%. The ex-dividend date is Tuesday, December 17th.

Institutional Investors Weigh In On CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC raised its holdings in CHS Inc. (NASDAQ:CHSCL) by 9.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,093 shares of the company’s stock after acquiring an additional 8,699 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,550,000 at the end of the most recent reporting period.

CHS Company Profile

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.