Short Interest in CHS Inc. (NASDAQ:CHSCP) Grows By 139.4%

CHS Inc. (NASDAQ:CHSCP) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 7,900 shares, a growth of 139.4% from the February 28th total of 3,300 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 16,500 shares, the short-interest ratio is presently 0.5 days.

CHS Trading Down 1.0 %

Shares of CHSCP opened at $27.95 on Friday. The firm has a 50-day moving average of $28.28 and a 200-day moving average of $28.98. CHS has a one year low of $27.06 and a one year high of $33.41. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.54 and a quick ratio of 0.90.

CHS Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 7.16%.

Hedge Funds Weigh In On CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC increased its holdings in shares of CHS Inc. (NASDAQ:CHSCP) by 26.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,506 shares of the company’s stock after acquiring an additional 5,487 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $748,000 as of its most recent filing with the SEC.

About CHS

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.