Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 (NASDAQ:METCZ) Short Interest Down 54.8% in February

Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 (NASDAQ:METCZ) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 1,024 shares, a drop of 54.8% from the January 29th total of 2,265 shares. Based on an average trading volume of 5,098 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 5,098 shares, the short-interest ratio is presently 0.2 days.

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

Shares of METCZ traded down $0.01 during mid-day trading on Friday, reaching $25.45. The stock had a trading volume of 2,649 shares, compared to its average volume of 8,404. The business has a fifty day moving average of $25.43 and a 200 day moving average of $25.43. Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 has a 12 month low of $23.18 and a 12 month high of $26.00.

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

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be paid a $0.5234 dividend. This represents a $2.09 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date 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.