Ramaco Resources, Inc. (NASDAQ:METCB) Short Interest Update

Market Beat
2025.06.15 01:38
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Ramaco Resources, Inc. (NASDAQ:METCB) experienced a significant increase in short interest, rising 96.1% to 171,800 shares by May 31. The days-to-cover ratio is 3.0 days, with 2.9% of shares short sold. Institutional investors have also increased their stakes, owning 9.63% of the company. The stock traded down to $7.46, with a market cap of $408.09 million and a dividend yield of 9.71%. Ramaco Resources focuses on metallurgical coal development and operations across several properties in the U.S.

Ramaco Resources, Inc. (NASDAQ:METCB - Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 171,800 shares, an increase of 96.1% from the May 15th total of 87,600 shares. Based on an average trading volume of 56,700 shares, the days-to-cover ratio is currently 3.0 days. Currently, 2.9% of the shares of the company are short sold.

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Institutional Trading of Ramaco Resources

Hedge funds and other institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. grew its stake in Ramaco Resources by 1,403.7% in the 1st quarter. Russell Investments Group Ltd. now owns 9,052 shares of the company's stock valued at $64,000 after buying an additional 8,450 shares in the last quarter. Nuveen LLC bought a new position in shares of Ramaco Resources in the first quarter worth $79,000. Barclays PLC grew its position in shares of Ramaco Resources by 19.3% in the fourth quarter. Barclays PLC now owns 8,572 shares of the company's stock valued at $85,000 after purchasing an additional 1,388 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Ramaco Resources during the 1st quarter valued at $97,000. Finally, Discovery Capital Management LLC CT purchased a new stake in Ramaco Resources during the 4th quarter worth about $106,000. Institutional investors own 9.63% of the company's stock.

Ramaco Resources Stock Performance

NASDAQ METCB traded down $0.09 on Friday, hitting $7.46. 89,671 shares of the stock traded hands, compared to its average volume of 37,123. The business's fifty day moving average is $8.02 and its two-hundred day moving average is $8.69. Ramaco Resources has a 12 month low of $6.01 and a 12 month high of $11.60. The firm has a market capitalization of $408.09 million, a price-to-earnings ratio of -82.89 and a beta of 0.69.

Ramaco Resources (NASDAQ:METCB - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported ($0.20) EPS for the quarter. The firm had revenue of $134.66 million during the quarter.

Ramaco Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a $0.1811 dividend. The ex-dividend date was Friday, May 30th. This represents a $0.72 annualized dividend and a dividend yield of 9.71%. Ramaco Resources's payout ratio is -800.00%.

Ramaco Resources Company Profile

(Get Free Report)

Ramaco Resources, Inc engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming.

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