Zion Oil & Gas, Inc. (OTCMKTS:ZNOG - Get Free Report) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 206,200 shares, a decline of 16.2% from the January 31st total of 246,100 shares. Based on an average daily volume of 10,264,600 shares, the days-to-cover ratio is currently 0.0 days.
Zion Oil & Gas Price Performance
Shares of ZNOG stock traded down $0.03 during trading hours on Friday, hitting $0.19. 5,968,113 shares of the company's stock were exchanged, compared to its average volume of 4,365,557. Zion Oil & Gas has a 52 week low of $0.03 and a 52 week high of $0.27. The stock's 50-day moving average is $0.14 and its 200-day moving average is $0.10.
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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