Short Interest in CHS Inc. (NASDAQ:CHSCO) Expands By 51.6%

CHS Inc. (NASDAQ:CHSCO) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 17,157 shares, an increase of 51.6% from the February 12th total of 11,320 shares. Based on an average daily volume of 39,186 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 39,186 shares, the days-to-cover ratio is currently 0.4 days.

CHS Stock Performance

NASDAQ CHSCO opened at $26.52 on Monday. CHS has a one year low of $25.61 and a one year high of $27.35. The company’s 50 day moving average price is $26.29 and its 200 day moving average price is $26.43.

CHS Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a $0.4922 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.97 annualized dividend and a dividend yield of 7.4%.

About CHS

CHS Inc (NASDAQ: CHSCO) is a diversified, global agribusiness owned by farmers and ranchers across the United States. Headquartered in Inver Grove Heights, Minnesota, the cooperative operates through multiple business segments that provide products, services and solutions to agricultural producers, food manufacturers and energy customers. CHS leverages its cooperative structure to deliver value to its member-owners while competing as a global agribusiness enterprise.

The company’s agriculture operations include grain marketing, oilseed processing, crop nutrients, seeds, crop protection products and plant nutrition services.