CHS (NASDAQ:CHSCL) Shares Cross Below 50 Day Moving Average of $25.92

CHS Inc. (NASDAQ:CHSCL)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $25.92 and traded as low as $25.74. CHS shares last traded at $25.80, with a volume of 24,075 shares.

CHS Stock Performance

The firm has a 50 day moving average of $25.92 and a 200-day moving average of $25.73.

CHS Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 13th will be paid a $0.4688 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date of this dividend is Thursday, June 13th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in CHS stock. Tradition Wealth Management LLC lifted its position in shares of CHS Inc. (NASDAQ:CHSCL) by 24.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,955 shares of the company’s stock after buying an additional 5,568 shares during the quarter. Tradition Wealth Management LLC’s holdings in CHS were worth $707,000 at the end of the most recent quarter.

CHS Company Profile

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.