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

CHS Inc. (NASDAQ:CHSCO) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 31,700 shares, an increase of 230.2% from the November 15th total of 9,600 shares. Based on an average trading volume of 17,300 shares, the days-to-cover ratio is currently 1.8 days.

CHS Stock Down 0.4 %

NASDAQ CHSCO traded down $0.10 during trading hours on Friday, reaching $26.78. The company’s stock had a trading volume of 9,349 shares, compared to its average volume of 17,720. CHS has a 1 year low of $25.71 and a 1 year high of $27.73. The firm’s 50-day moving average price is $26.91 and its 200-day moving average price is $26.89.

CHS Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be issued a $0.4922 dividend. This is an increase from CHS’s previous quarterly dividend of $0.49. This represents a $1.97 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date of this dividend is Tuesday, December 17th.

About CHS

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.