Short Interest in Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Grows By 57.1%

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 4,400 shares, an increase of 57.1% from the November 15th total of 2,800 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 1.8 days.

Ramaco Resources, Inc. – 9.00% Stock Performance

Ramaco Resources, Inc. – 9.00% stock opened at $25.67 on Friday. The business has a 50 day simple moving average of $25.74 and a 200 day simple moving average of $25.72. Ramaco Resources, Inc. – 9.00% has a one year low of $25.09 and a one year high of $26.22.

Ramaco Resources, Inc. – 9.00% Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th were paid a dividend of $0.5625 per share. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $2.25 annualized dividend and a yield of 8.77%.

Ramaco Resources, Inc. – 9.00% Company Profile

ramaco resources, inc. produces and sells metallurgical coal the company’s development portfolio includes the elk creek project consisting of approximately 20,552 acres of controlled mineral and 24 seams located in southern west virginia; the berwind coal property comprising approximately 31,200 acres of controlled mineral and an area of squire jim seam coal deposits, which is situated on the border of west virginia and virginia; the knox creek property consisting of approximately 61,343 acres of controlled mineral that is located in virginia; and the ram mine property comprising approximately 1,567 acres of controlled mineral, which is situated in southwestern pennsylvania.