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

CHS Inc (NASDAQ:CHSCP) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 14,376 shares, a growth of 106.4% from the May 31st total of 6,966 shares. Based on an average daily volume of 10,740 shares, the short-interest ratio is currently 1.3 days.

CHS Price Performance

CHS stock traded up $0.14 during midday trading on Wednesday, reaching $26.84. The company had a trading volume of 13,011 shares, compared to its average volume of 16,515. CHS has a 12-month low of $26.61 and a 12-month high of $30.57. The firm’s fifty day simple moving average is $27.59 and its 200-day simple moving average is $27.86. The company has a current ratio of 1.45, a quick ratio of 0.76 and a debt-to-equity ratio of 0.23.

CHS Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.5%.

CHS Company Profile

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.