Zion Oil & Gas Inc (OTCMKTS:ZNOG - Get Free Report) was the target of a significant drop in short interest in August. As of August 15th, there was short interest totaling 206,400 shares, adropof78.3% from the July 31st total of 952,900 shares. Based on an average daily trading volume, of 10,137,400 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 10,137,400 shares, the days-to-cover ratio is presently 0.0 days.
Zion Oil & Gas Trading Down 1.3%
ZNOG stock traded down $0.00 during trading on Friday, reaching $0.20. 2,362,070 shares of the stock were exchanged, compared to its average volume of 4,483,749. Zion Oil & Gas has a twelve month low of $0.03 and a twelve month high of $0.28. The company has a market capitalization of $220.11 million, a P/E ratio of -0.11 and a beta of 1.70. The stock has a 50 day simple moving average of $0.22 and a 200-day simple moving average of $0.19.
Zion Oil & Gas (OTCMKTS:ZNOG - Get Free Report) last released its earnings results on Monday, August 11th. The company reported ($1.77) earnings per share for the quarter.
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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