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

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) was the target of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 363,900 shares, a drop of 62.4% from the October 31st total of 968,900 shares. Based on an average daily volume of 9,915,300 shares, the days-to-cover ratio is presently 0.0 days.

Zion Oil & Gas Price Performance

OTCMKTS ZNOG remained flat at $0.11 during trading hours on Wednesday. The company’s stock had a trading volume of 1,784,757 shares, compared to its average volume of 7,106,247. Zion Oil & Gas has a fifty-two week low of $0.03 and a fifty-two week high of $0.18. The company’s 50 day moving average is $0.06 and its 200 day moving average is $0.05.

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.