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

CHS Inc. (NASDAQ:CHSCL) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 29,200 shares, a growth of 31.5% from the December 15th total of 22,200 shares. Based on an average daily trading volume, of 31,000 shares, the days-to-cover ratio is presently 0.9 days.

CHS Price Performance

Shares of CHS stock opened at $25.82 on Friday. The company’s 50-day moving average price is $25.80 and its 200-day moving average price is $25.92. CHS has a 12-month low of $25.32 and a 12-month high of $26.63.

CHS Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a $0.4688 dividend. The ex-dividend date is Monday, March 17th. This represents a $1.88 annualized dividend and a dividend yield of 7.26%.

Institutional Investors Weigh In On CHS

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC increased its position in CHS Inc. (NASDAQ:CHSCL) by 1.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 99,443 shares of the company’s stock after purchasing an additional 1,350 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,577,000 as of its most recent filing with the Securities & Exchange Commission.

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.