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

CHS Inc. (NASDAQ:CHSCM) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 30,400 shares, a growth of 28.8% from the August 15th total of 23,600 shares. Based on an average trading volume of 26,000 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. Thompson Investment Management Inc. acquired a new stake in CHS Inc. (NASDAQ:CHSCM) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,000 shares of the company’s stock, valued at approximately $50,000.

CHS Stock Performance

Shares of CHS stock traded down $0.40 during trading on Monday, reaching $25.35. The stock had a trading volume of 32,694 shares, compared to its average volume of 28,119. The stock has a fifty day moving average price of $25.22 and a two-hundred day moving average price of $25.24. CHS has a 52 week low of $23.51 and a 52 week high of $26.08.

CHS Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be paid a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 6.66%. The ex-dividend date of this dividend is Monday, September 16th.

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.