Short Interest in CHS Inc. (NASDAQ:CHSCL) Grows By 208.8%

CHS Inc. (NASDAQ:CHSCL) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 64,603 shares, a growth of 208.8% from the June 15th total of 20,922 shares. Based on an average daily volume of 60,228 shares, the days-to-cover ratio is currently 1.1 days.

CHS Trading Up 0.5%

CHS stock traded up $0.12 during trading on Wednesday, hitting $25.47. 3,777 shares of the company were exchanged, compared to its average volume of 25,384. The business’s 50 day moving average is $25.59 and its 200 day moving average is $25.59. CHS has a 52 week low of $25.17 and a 52 week high of $26.03.

CHS Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be issued a $0.4688 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $1.88 annualized dividend and a dividend yield of 7.4%.

About CHS

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.