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Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Sees Large Growth in Short Interest

Zion Oil & Gas logo with Energy background

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG - Get Free Report) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 184,800 shares, an increase of 17.9% from the March 15th total of 156,700 shares. Based on an average daily volume of 6,957,600 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Zion Oil & Gas Stock Performance

Shares of OTCMKTS:ZNOG traded down $0.00 during midday trading on Thursday, hitting $0.12. The company's stock had a trading volume of 11,326,780 shares, compared to its average volume of 4,469,257. Zion Oil & Gas has a 12-month low of $0.03 and a 12-month high of $0.27. The business's 50 day simple moving average is $0.19 and its 200 day simple moving average is $0.13.

About Zion Oil & Gas

(Get Free Report)

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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