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

CHS Inc. (NASDAQ:CHSCL) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 15,400 shares, a decline of 16.3% from the March 31st total of 18,400 shares. Based on an average daily volume of 38,500 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC grew its position in shares of CHS Inc. (NASDAQ:CHSCL) by 1.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 112,616 shares of the company’s stock after purchasing an additional 2,111 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,916,000 as of its most recent SEC filing.

CHS Price Performance

NASDAQ:CHSCL opened at $25.68 on Friday. CHS has a twelve month low of $25.31 and a twelve month high of $26.49. The stock’s 50-day simple moving average is $25.62 and its 200 day simple moving average is $25.83.

CHS Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a dividend of $0.4688 per share. This represents a $1.88 annualized dividend and a dividend yield of 7.30%. The ex-dividend date is Friday, June 13th.

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.