Short Interest in Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Grows By 21.4%

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 5,100 shares, an increase of 21.4% from the May 15th total of 4,200 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is currently 1.2 days.

Ramaco Resources, Inc. – 9.00% Stock Down 0.1 %

METCL traded down $0.03 on Friday, reaching $25.75. 1,890 shares of the company’s stock were exchanged, compared to its average volume of 3,822. Ramaco Resources, Inc. – 9.00% has a twelve month low of $24.18 and a twelve month high of $25.98. The company’s 50 day moving average is $25.48 and its 200-day moving average is $25.57.

Ramaco Resources, Inc. – 9.00% Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th will be paid a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a dividend yield of 8.74%. The ex-dividend date of this dividend is Monday, 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.