Zion Oil & Gas, Inc. (OTCMKTS:ZNOG - Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 281,100 shares, a growth of 34.6% from the December 31st total of 208,800 shares. Based on an average daily volume of 3,714,000 shares, the short-interest ratio is presently 0.1 days.
Zion Oil & Gas Stock Performance
Shares of ZNOG stock traded up $0.01 during trading hours on Monday, hitting $0.12. 7,893,352 shares of the company were exchanged, compared to its average volume of 2,440,041. The business's 50-day simple moving average is $0.11 and its two-hundred day simple moving average is $0.07. Zion Oil & Gas has a one year low of $0.03 and a one year high of $0.18.
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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