Short Interest in Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Grows By 20.0%

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 6,000 shares, an increase of 20.0% from the August 31st total of 5,000 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is presently 2.3 days.

Ramaco Resources, Inc. – 9.00% Stock Up 0.4 %

Shares of Ramaco Resources, Inc. – 9.00% stock traded up $0.10 during trading hours on Monday, hitting $25.95. 300 shares of the company’s stock traded hands, compared to its average volume of 3,409. The stock has a 50 day simple moving average of $25.71 and a 200-day simple moving average of $25.62. Ramaco Resources, Inc. – 9.00% has a twelve month low of $25.09 and a twelve month high of $26.22.

Ramaco Resources, Inc. – 9.00% Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a dividend of $0.5625 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $2.25 annualized dividend and a dividend yield of 8.67%.

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.