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

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) was the target of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 2,800 shares, a decrease of 34.9% from the October 31st total of 4,300 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 1.6 days.

Ramaco Resources, Inc. – 9.00% Stock Performance

Shares of METCL stock traded up $0.04 during trading on Thursday, hitting $25.48. The company’s stock had a trading volume of 3,211 shares, compared to its average volume of 3,192. The business has a fifty day moving average of $25.82 and a 200-day moving average of $25.70. Ramaco Resources, Inc. – 9.00% has a 52 week low of $25.09 and a 52 week high of $26.22.

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 given 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 dividend yield of 8.83%.

About Ramaco Resources, Inc. – 9.00%

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.