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

CHS Inc. (NASDAQ:CHSCL) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 44,200 shares, an increase of 237.4% from the February 13th total of 13,100 shares. Based on an average daily volume of 36,200 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC lifted its stake in shares of CHS Inc. (NASDAQ:CHSCL) by 11.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 110,505 shares of the company’s stock after purchasing an additional 11,062 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,837,000 as of its most recent SEC filing.

CHS Price Performance

CHSCL opened at $25.78 on Thursday. CHS has a 52-week low of $25.32 and a 52-week high of $26.63. The business’s fifty day moving average is $25.91 and its 200-day moving average is $25.95.

CHS Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.4688 per share. This represents a $1.88 annualized dividend and a dividend yield of 7.27%. The ex-dividend date of this dividend is Monday, March 17th.

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.