CHS Inc (NASDAQ:CHSCP) Sees Large Growth in Short Interest

CHS Inc (NASDAQ:CHSCP) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 33,945 shares, a growth of 51.7% from the February 12th total of 22,370 shares. Based on an average daily volume of 25,033 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 25,033 shares, the days-to-cover ratio is currently 1.4 days.

CHS Price Performance

Shares of CHSCP opened at $28.88 on Monday. CHS has a 12 month low of $26.61 and a 12 month high of $30.57. The stock’s 50 day moving average is $28.14 and its two-hundred day moving average is $28.45. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.42 and a quick ratio of 0.80.

CHS Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 6.9%.

CHS Company Profile

CHS Inc (NASDAQ: CHSCP) is a global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. The company operates through two primary segments: energy and agriculture. In its energy segment, CHS markets refined fuels, lubricants, propane and renewable energy products under the Cenex® brand and supplies wholesale fuel to a network of branded and unbranded retail sites. Its agriculture segment provides grain marketing, oilseed processing, crop nutrients, agronomy services and risk management solutions to producers in North America and key global markets.

The company’s product portfolio spans a wide range of offerings designed to support food and energy supply chains.