Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) Short Interest Update

Ramaco Resources, Inc. – 9.00% (NASDAQ:METCL) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 4,200 shares, a decline 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% Price Performance

NASDAQ:METCL traded up $0.07 during trading hours on Friday, hitting $25.27. 1,183 shares of the company traded hands, compared to its average volume of 2,889. The firm has a 50-day moving average of $25.52 and a 200 day moving average of $25.68. Ramaco Resources, Inc. – 9.00% has a twelve month low of $24.75 and a twelve month 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. Investors of record on Tuesday, April 15th will be given a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a yield of 8.91%. The ex-dividend date of this dividend 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.