Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 (NASDAQ:METCZ) Short Interest Up 412.6% in February

Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 (NASDAQ:METCZ) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 5,249 shares, an increase of 412.6% from the February 12th total of 1,024 shares. Based on an average daily trading volume, of 4,520 shares, the short-interest ratio is currently 1.2 days. Based on an average daily trading volume, of 4,520 shares, the short-interest ratio is currently 1.2 days.

Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 Stock Performance

METCZ traded down $0.05 during trading on Thursday, reaching $25.36. 1,244 shares of the company’s stock were exchanged, compared to its average volume of 7,347. Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 has a 1 year low of $23.18 and a 1 year high of $26.00. The company’s fifty day simple moving average is $25.45 and its 200-day simple moving average is $25.45.

Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be issued a dividend of $0.5234 per share. This represents a $2.09 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Wednesday, April 15th.

Ramaco Resources, Inc is a U.S.-based coal producer specializing in the extraction and sale of high‐grade metallurgical and steam coal. The company’s core operations are centered in southern West Virginia, where it operates the Elk Creek mining complex and the Alma metallurgical coal complex. These underground mines produce bituminous coal primarily used in steelmaking, as well as thermal coal for power generation. Ramaco also has development projects underway, including the planned Brook Mine and the acquisition of additional reserves aimed at supporting long‐term production growth.

Founded in 2013 by industry veteran Christopher Cline, Ramaco Resources went public in 2018 to fund its expansion into the metallurgical coal market.