CHS Inc. (NASDAQ:CHSCP) Short Interest Up 40.0% in September

CHS Inc. (NASDAQ:CHSCP) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 2,800 shares, an increase of 40.0% from the August 31st total of 2,000 shares. Based on an average daily trading volume, of 11,200 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

CHS Price Performance

Shares of NASDAQ:CHSCP traded up $0.27 during midday trading on Friday, hitting $30.56. 13,304 shares of the stock were exchanged, compared to its average volume of 11,053. CHS has a 52-week low of $28.78 and a 52-week high of $33.41. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.58 and a quick ratio of 0.91. The business’s fifty day simple moving average is $29.95 and its two-hundred day simple moving average is $30.47.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 6.54%. The ex-dividend date is Monday, September 16th.

Institutional Investors Weigh In On CHS

A hedge fund recently raised its stake in CHS stock. Moloney Securities Asset Management LLC increased its holdings in CHS Inc. (NASDAQ:CHSCP) by 16.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,953 shares of the company’s stock after purchasing an additional 2,553 shares during the period. Moloney Securities Asset Management LLC’s holdings in CHS were worth $551,000 at the end of the most recent reporting period.

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.