CHS Inc. (NASDAQ:CHSCO) Sees Large Growth in Short Interest

CHS Inc. (NASDAQ:CHSCO) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 31,700 shares, an increase of 230.2% from the November 15th total of 9,600 shares. Based on an average daily volume of 17,300 shares, the short-interest ratio is presently 1.8 days.

CHS Price Performance

Shares of CHSCO stock traded up $0.12 on Wednesday, reaching $26.87. 14,461 shares of the company’s stock were exchanged, compared to its average volume of 17,693. The company’s fifty day simple moving average is $26.91 and its 200 day simple moving average is $26.89. CHS has a 52 week low of $25.71 and a 52 week high of $27.73.

CHS Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be paid a $0.4922 dividend. The ex-dividend date of this dividend is Tuesday, December 17th. This is a positive change from CHS’s previous quarterly dividend of $0.49. This represents a $1.97 dividend on an annualized basis and a yield of 7.33%.

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.