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

CHS Inc. (NASDAQ:CHSCL) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 9,631 shares, an increase of 57.3% from the December 15th total of 6,123 shares. Based on an average trading volume of 52,722 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 52,722 shares, the short-interest ratio is currently 0.2 days.

CHS Trading Down 0.0%

Shares of NASDAQ CHSCL opened at $25.59 on Friday. The business’s 50 day moving average is $25.52 and its 200-day moving average is $25.64. CHS has a 1-year low of $25.15 and a 1-year high of $26.27.

CHS Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be given a dividend of $0.4688 per share. The ex-dividend date is Tuesday, March 17th. This represents a $1.88 annualized dividend and a yield of 7.3%.

Hedge Funds Weigh In On CHS

An institutional investor recently bought a new position in CHS stock. IMA Advisory Services Inc. purchased a new position in shares of CHS Inc. (NASDAQ:CHSCL) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,896 shares of the company’s stock, valued at approximately $177,000.

About CHS

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.