Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Short Interest Update

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 4,300 shares, an increase of 72.0% from the October 15th total of 2,500 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 2.7 days.

Ramaco Resources, Inc. – 9.00% Price Performance

METCL traded down $0.12 on Wednesday, reaching $25.74. The stock had a trading volume of 468 shares, compared to its average volume of 3,161. Ramaco Resources, Inc. – 9.00% has a fifty-two week low of $25.09 and a fifty-two week high of $26.22. The firm has a 50-day moving average of $25.87 and a 200-day moving average of $25.68.

Ramaco Resources, Inc. – 9.00% Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th were issued a $0.5625 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $2.25 dividend on an annualized basis and a yield of 8.74%.

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.