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

CHS Inc (NASDAQ:CHSCP) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 8,254 shares, a decrease of 51.5% from the July 30th total of 17,025 shares. Based on an average trading volume of 11,570 shares, the short-interest ratio is presently 0.7 days.

CHS Stock Performance

CHS stock traded down $0.03 during midday trading on Friday, hitting $26.63. The company’s stock had a trading volume of 26,581 shares, compared to its average volume of 13,379. CHS has a 1-year low of $26.51 and a 1-year high of $30.57. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.47 and a quick ratio of 0.94. The company has a 50-day moving average price of $26.72 and a two-hundred day moving average price of $27.48.

CHS Announces Dividend

The firm 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 dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $2.00 annualized dividend 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.