Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 (NASDAQ:METCZ) Short Interest Up 512.0% in January

Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 (NASDAQ:METCZ) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 2,032 shares, a growth of 512.0% from the December 31st total of 332 shares. Based on an average trading volume of 16,771 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 16,771 shares, the days-to-cover ratio is presently 0.1 days.

Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 Trading Up 0.1%

NASDAQ:METCZ traded up $0.03 during mid-day trading on Tuesday, reaching $25.47. The stock had a trading volume of 9,087 shares, compared to its average volume of 12,564. The business’s 50 day moving average is $25.37 and its 200 day moving average is $25.42. Ramaco Resources, Inc. – 8.375% Senior Notes due 2029 has a fifty-two week low of $23.18 and a fifty-two week high of $26.00.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, October 30th. Stockholders of record on Wednesday, October 15th were given a $0.5234 dividend. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.2%.

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.