Short Interest in CHS Inc. (NASDAQ:CHSCO) Decreases By 29.1%
by Amy Steele · The Cerbat GemCHS Inc. (NASDAQ:CHSCO – Get Free Report) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 7,325 shares, a decline of 29.1% from the November 30th total of 10,327 shares. Based on an average trading volume of 15,728 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 15,728 shares, the short-interest ratio is currently 0.5 days.
CHS Price Performance
Shares of CHSCO stock traded up $0.15 during mid-day trading on Wednesday, hitting $25.98. 116,788 shares of the company’s stock were exchanged, compared to its average volume of 24,910. CHS has a fifty-two week low of $25.61 and a fifty-two week high of $27.35. The stock has a 50-day simple moving average of $26.34 and a two-hundred day simple moving average of $26.53.
CHS Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be paid a $0.4922 dividend. This represents a $1.97 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Tuesday, December 16th.
CHS Company Profile
CHS Inc (NASDAQ: CHSCO) is a diversified, global agribusiness owned by farmers and ranchers across the United States. Headquartered in Inver Grove Heights, Minnesota, the cooperative operates through multiple business segments that provide products, services and solutions to agricultural producers, food manufacturers and energy customers. CHS leverages its cooperative structure to deliver value to its member-owners while competing as a global agribusiness enterprise.
The company’s agriculture operations include grain marketing, oilseed processing, crop nutrients, seeds, crop protection products and plant nutrition services.