Short Interest in Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Increases 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 trading volume of 2,400 shares, the days-to-cover ratio is presently 1.8 days.

Ramaco Resources, Inc. – 9.00% Trading Down 0.4 %

NASDAQ METCL traded down $0.11 during trading hours on Friday, reaching $25.67. 2,792 shares of the company’s stock traded hands, compared to its average volume of 3,280. Ramaco Resources, Inc. – 9.00% has a 52-week low of $25.09 and a 52-week high of $26.22. The firm has a 50-day simple moving average of $25.75 and a 200 day simple moving average of $25.72.

Ramaco Resources, Inc. – 9.00% Announces Dividend

The business 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. This represents a $2.25 annualized dividend and a yield of 8.77%. The ex-dividend date was Tuesday, October 15th.

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.