Short Interest in Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Decreases By 23.1%

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 5,000 shares, a drop of 23.1% from the August 15th total of 6,500 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is presently 1.6 days.

Ramaco Resources, Inc. – 9.00% Price Performance

METCL stock remained flat at $26.15 during mid-day trading on Tuesday. 623 shares of the company’s stock were exchanged, compared to its average volume of 3,466. The stock has a 50 day simple moving average of $25.64 and a 200-day simple moving average of $25.60. 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% Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a yield of 8.60%. The ex-dividend date of this dividend is Wednesday, July 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.