Zion Oil & Gas, Inc. (OTCMKTS:ZNOG - Get Free Report) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 390,800 shares, an increase of 89.5% from the February 13th total of 206,200 shares. Based on an average daily volume of 14,043,800 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.
Zion Oil & Gas Price Performance
Shares of OTCMKTS ZNOG traded down $0.01 during mid-day trading on Tuesday, hitting $0.22. The company had a trading volume of 2,890,531 shares, compared to its average volume of 4,290,116. The firm has a 50-day simple moving average of $0.16 and a two-hundred day simple moving average of $0.10. Zion Oil & Gas has a one year low of $0.03 and a one year high of $0.27.
About Zion Oil & Gas
(
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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.
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