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

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 6,000 shares, a growth 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 currently 2.3 days.

Ramaco Resources, Inc. – 9.00% Stock Up 0.3 %

Shares of METCL traded up $0.09 during trading hours on Monday, reaching $26.04. 290 shares of the stock traded hands, compared to its average volume of 3,392. Ramaco Resources, Inc. – 9.00% has a 52 week low of $25.09 and a 52 week high of $26.22. The stock has a fifty day simple moving average of $25.71 and a 200 day simple moving average of $25.62.

Ramaco Resources, Inc. – 9.00% Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a dividend of $0.5625 per share. The ex-dividend date is Wednesday, July 15th. This represents a $2.25 dividend on an annualized basis and a yield of 8.64%.

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.