CHS Inc. (NASDAQ:CHSCM) Short Interest Update

CHS Inc. (NASDAQ:CHSCM) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 63,714 shares, an increase of 248.4% from the June 15th total of 18,288 shares. Based on an average trading volume of 55,914 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. NBC Securities Inc. purchased a new stake in shares of CHS Inc. (NASDAQ:CHSCM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 2,021 shares of the company’s stock, valued at approximately $50,000.

CHS Price Performance

NASDAQ CHSCM opened at $24.35 on Monday. CHS has a 1-year low of $23.86 and a 1-year high of $25.40. The firm’s fifty day simple moving average is $24.78 and its 200-day simple moving average is $24.87.

CHS Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Wednesday, September 16th.

CHS Company Profile

CHS Inc (NASDAQ: CHSCM) is a diversified, global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. Headquartered in Inver Grove Heights, Minnesota, the company operates two primary business segments: Energy and Ag Business. Through its Energy segment, CHS markets and distributes refined fuels, lubricants, propane and renewable energy products under the Cenex® brand, and it manages a nationwide network of fuel distribution terminals, convenience stores and retail outlets.

In its Ag Business segment, CHS provides grain marketing, crop nutrients, crop protection products and animal nutrition solutions.