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

CHS Inc (NASDAQ:CHSCPGet Free Report) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 6,966 shares, a drop of 57.5% from the May 14th total of 16,393 shares. Based on an average trading volume of 13,535 shares, the short-interest ratio is presently 0.5 days.

CHS Price Performance

Shares of NASDAQ CHSCP traded up $0.12 during mid-day trading on Friday, hitting $27.96. The company had a trading volume of 10,425 shares, compared to its average volume of 11,558. The firm has a 50-day simple moving average of $27.72 and a two-hundred day simple moving average of $27.91. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.45 and a quick ratio of 0.76. CHS has a one year low of $27.17 and a one year high of $30.57.

CHS Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.50 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.00 annualized dividend and a dividend yield of 7.2%.

About CHS

(Get Free Report)

CHS Inc (NASDAQ: CHSCP) is a global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. The company operates through two primary segments: energy and agriculture. In its energy segment, CHS markets refined fuels, lubricants, propane and renewable energy products under the Cenex® brand and supplies wholesale fuel to a network of branded and unbranded retail sites. Its agriculture segment provides grain marketing, oilseed processing, crop nutrients, agronomy services and risk management solutions to producers in North America and key global markets.

The company’s product portfolio spans a wide range of offerings designed to support food and energy supply chains.

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