CHS Inc (NASDAQ:CHSCP – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 1,797 shares, a decrease of 78.2% from the August 15th total of 8,254 shares. Based on an average trading volume of 12,929 shares, the short-interest ratio is currently 0.1 days.
CHS Price Performance
Shares of CHSCP stock traded up $0.08 on Friday, reaching $26.63. The company’s stock had a trading volume of 25,719 shares, compared to its average volume of 13,610. The stock’s fifty day simple moving average is $26.67 and its 200-day simple moving average is $27.36. CHS has a 1 year low of $26.50 and a 1 year high of $30.57. The company has a current ratio of 1.47, a quick ratio of 0.94 and a debt-to-equity ratio of 0.22.
CHS Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.5%.
About CHS
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.
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