CHS Inc. (NASDAQ:CHSCO) Short Interest Up 70.4% in October

CHS Inc. (NASDAQ:CHSCO) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 16,700 shares, an increase of 70.4% from the October 15th total of 9,800 shares. Based on an average trading volume of 13,000 shares, the short-interest ratio is presently 1.3 days.

CHS Trading Down 0.1 %

NASDAQ CHSCO traded down $0.03 on Thursday, reaching $26.81. The company had a trading volume of 20,845 shares, compared to its average volume of 17,035. CHS has a 52 week low of $25.71 and a 52 week high of $27.73. The stock’s 50 day moving average is $26.98 and its 200-day moving average is $26.88.

CHS Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be issued a $0.4922 dividend. This represents a $1.97 annualized dividend and a dividend yield of 7.34%. The ex-dividend date of this dividend is Tuesday, December 17th. This is a boost from CHS’s previous quarterly dividend of $0.49.

CHS Company Profile

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.