Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Short Interest Update

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 281,100 shares, an increase of 34.6% from the December 31st total of 208,800 shares. Based on an average trading volume of 3,714,000 shares, the days-to-cover ratio is presently 0.1 days.

Zion Oil & Gas Trading Up 11.7 %

ZNOG opened at $0.11 on Friday. The company’s 50-day moving average price is $0.11 and its 200 day moving average price is $0.07. Zion Oil & Gas has a fifty-two week low of $0.03 and a fifty-two week high of $0.18.

Zion Oil & Gas Company Profile

Zion Oil & Gas, Inc, together with its subsidiaries, operates as an oil and gas exploration company in Israel. It holds a petroleum exploration license onshore Israel, the New Megiddo License 434 comprising an area of approximately 75,000 acres. The company was incorporated in 2000 and is headquartered in Dallas, Texas.