CHS Inc. (NASDAQ:CHSCL) Short Interest Up 96.1% in March

CHS Inc. (NASDAQ:CHSCL) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 10,000 shares, a growth of 96.1% from the February 29th total of 5,100 shares. Based on an average daily volume of 34,600 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of CHS

A hedge fund recently bought a new stake in CHS stock. Comerica Bank purchased a new stake in CHS Inc. (NASDAQ:CHSCL) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,079 shares of the company’s stock, valued at approximately $2,910,000.

CHS Stock Performance

CHSCL stock traded down $0.29 during trading on Thursday, hitting $25.70. The company had a trading volume of 101,880 shares, compared to its average volume of 31,254. The firm has a 50-day moving average price of $25.99 and a 200-day moving average price of $25.70. CHS has a 1-year low of $24.92 and a 1-year high of $26.75.

CHS Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.4688 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date of this dividend is Thursday, March 14th.

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.