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

CHS Inc. (NASDAQ:CHSCL) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 29,200 shares, an increase of 31.5% from the December 31st total of 22,200 shares. Based on an average daily trading volume, of 31,000 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On CHS

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC raised its position in CHS Inc. (NASDAQ:CHSCL) by 1.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 99,443 shares of the company’s stock after acquiring an additional 1,350 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,577,000 at the end of the most recent reporting period.

CHS Price Performance

CHSCL stock remained flat at $26.08 on Thursday. 13,466 shares of the company traded hands, compared to its average volume of 25,167. The firm’s 50-day simple moving average is $25.80 and its 200 day simple moving average is $25.92. CHS has a 1 year low of $25.32 and a 1 year high of $26.63.

CHS Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a dividend of $0.4688 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.88 annualized dividend and a dividend yield of 7.19%.

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.