CHS Inc (NASDAQ:CHSCP) Short Interest Down 26.9% in March

CHS Inc (NASDAQ:CHSCP) was the target of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 24,806 shares, a decline of 26.9% from the February 26th total of 33,945 shares. Based on an average daily volume of 14,509 shares, the days-to-cover ratio is currently 1.7 days.

CHS Price Performance

Shares of CHSCP stock opened at $27.70 on Tuesday. CHS has a 12-month low of $26.61 and a 12-month high of $30.57. The business’s fifty day simple moving average is $28.16 and its 200-day simple moving average is $28.37. The company has a quick ratio of 0.80, a current ratio of 1.42 and a debt-to-equity ratio of 0.19.

CHS Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 7.2%. The ex-dividend date is Tuesday, March 17th.

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.