CHS Inc. (NASDAQ:CHSCO) Sees Large Growth in Short Interest

CHS Inc. (NASDAQ:CHSCO) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 90,500 shares, an increase of 309.5% from the December 15th total of 22,100 shares. Based on an average trading volume of 25,500 shares, the short-interest ratio is currently 3.5 days.

CHS Price Performance

Shares of NASDAQ:CHSCO traded up $0.10 on Wednesday, hitting $26.84. 25,376 shares of the company traded hands, compared to its average volume of 27,886. CHS has a 52 week low of $25.75 and a 52 week high of $27.73. The stock has a 50 day simple moving average of $26.74 and a 200-day simple moving average of $26.82.

CHS Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.4922 per share. This represents a $1.97 annualized dividend and a dividend yield of 7.34%. The ex-dividend date is Monday, March 17th.

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.