Zion Oil & Gas, Inc. (OTCMKTS:ZNOG - Get Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 897,200 shares, a growth of 285.6% from the April 30th total of 232,700 shares. Based on an average daily volume of 10,929,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.
Zion Oil & Gas Price Performance
ZNOG stock traded up $0.01 on Monday, reaching $0.20. The company had a trading volume of 4,840,026 shares, compared to its average volume of 4,900,831. Zion Oil & Gas has a 1 year low of $0.03 and a 1 year high of $0.27. The company's fifty day moving average is $0.15 and its 200 day moving average is $0.15.
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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