Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Sees Large Increase in Short Interest

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 daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 1.8 days.

Ramaco Resources, Inc. – 9.00% Stock Performance

Shares of METCL stock opened at $25.67 on Friday. 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 fifty day moving average of $25.74 and a 200-day moving average of $25.72.

Ramaco Resources, Inc. – 9.00% Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were paid a $0.5625 dividend. This represents a $2.25 dividend on an annualized basis and a dividend yield of 8.77%. The ex-dividend date was Tuesday, October 15th.

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.