CHS Inc. (NASDAQ:CHSCL) Sees Significant Decline in Short Interest

CHS Inc. (NASDAQ:CHSCL) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 20,040 shares, a decline of 69.0% from the June 30th total of 64,603 shares. Based on an average trading volume of 22,779 shares, the short-interest ratio is presently 0.9 days.

CHS Stock Down 0.0%

Shares of CHSCL stock opened at $25.35 on Friday. CHS has a 1-year low of $25.17 and a 1-year high of $26.03. The stock’s 50-day moving average is $25.54 and its 200 day moving average is $25.60.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.4688 per share. This represents a $1.88 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Wednesday, September 16th.

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.