CHS Inc. (NASDAQ:CHSCM) Sees Significant Decline in Short Interest

CHS Inc. (NASDAQ:CHSCM) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 11,900 shares, a decline of 28.7% from the August 31st total of 16,700 shares. Based on an average daily volume of 31,300 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 31,300 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of CHS

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. acquired a new stake in shares of CHS Inc. (NASDAQ:CHSCM) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,049 shares of the company’s stock, valued at approximately $173,000.

CHS Stock Performance

CHSCM opened at $24.91 on Thursday. CHS has a 1 year low of $23.72 and a 1 year high of $25.97. The stock’s 50 day simple moving average is $24.88 and its 200-day simple moving average is $24.58.

CHS Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.4219 per share. The ex-dividend date was Tuesday, September 16th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.8%.

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.