Zion Oil & Gas, Inc. (OTCMKTS:ZNOG - Get Free Report) saw a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 330,400 shares, a decrease of 63.2% from the May 15th total of 897,200 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 6,770,000 shares, the short-interest ratio is presently 0.0 days.
Zion Oil & Gas Stock Performance
OTCMKTS:ZNOG traded up $0.02 during mid-day trading on Friday, hitting $0.18. 6,328,102 shares of the stock traded hands, compared to its average volume of 4,966,689. Zion Oil & Gas has a 52 week low of $0.03 and a 52 week high of $0.27. The firm's 50 day moving average is $0.16 and its two-hundred day moving average is $0.15.
Zion Oil & Gas Company Profile
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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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