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

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 4,200 shares, a decrease of 19.2% from the March 15th total of 5,200 shares. Based on an average daily trading volume, of 2,700 shares, the short-interest ratio is currently 1.6 days.

Ramaco Resources, Inc. – 9.00% Trading Down 0.3 %

Shares of NASDAQ METCL traded down $0.07 during mid-day trading on Tuesday, hitting $25.14. 352 shares of the company traded hands, compared to its average volume of 2,868. The business has a 50 day moving average of $25.51 and a two-hundred day moving average of $25.67. Ramaco Resources, Inc. – 9.00% has a 1 year low of $24.75 and a 1 year high of $26.22.

Ramaco Resources, Inc. – 9.00% Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a $0.5625 dividend. This represents a $2.25 annualized dividend and a dividend yield of 8.95%. The ex-dividend date is Tuesday, April 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.