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

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 390,800 shares, a growth of 89.5% from the February 13th total of 206,200 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 14,043,800 shares, the days-to-cover ratio is currently 0.0 days.

Zion Oil & Gas Trading Down 4.3 %

Shares of ZNOG stock opened at $0.22 on Friday. Zion Oil & Gas has a 12 month low of $0.03 and a 12 month high of $0.27. The stock has a 50 day moving average of $0.15 and a 200-day moving average of $0.10.

About Zion Oil & Gas

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.