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

CHS Inc. (NASDAQ:CHSCM) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 5,500 shares, a decrease of 8.3% from the March 15th total of 6,000 shares. Based on an average trading volume of 31,300 shares, the days-to-cover ratio is currently 0.2 days.

CHS Price Performance

Shares of NASDAQ:CHSCM traded up $0.04 during trading on Tuesday, hitting $24.76. The company’s stock had a trading volume of 22,743 shares, compared to its average volume of 31,470. The company has a 50-day moving average of $25.31 and a 200-day moving average of $24.96. CHS has a 12 month low of $23.51 and a 12 month high of $25.93.

Institutional Trading of CHS

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Comerica Bank bought a new stake in shares of CHS during the 2nd quarter valued at $5,000,000. Davidson Investment Advisors bought a new stake in CHS during the third quarter valued at about $288,000. Finally, Thompson Investment Management Inc. purchased a new stake in CHS in the first quarter worth about $50,000.

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.