Zion Oil & Gas (ZN) Short Interest Ratio & Short Volume

Short interest is the volume of Zion Oil & Gas shares that have been sold short but have not yet been closed out or covered. As of August 14th, investors have sold 3,640,000 shares of ZN short. Learn More on Zion Oil & Gas' current short interest.

Zion Oil & Gas saw a increase in short interest during the month of August. As of August 14th, there was short interest totaling 3,640,000 shares, an increase of 21.3% from the previous total of 3,000,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "oils/energy" compare to Zion Oil & Gas: Dawson Geophysical (0.08%), Snow Lake Resources Ltd. (0.26%), Global Gas Co. (2.05%), Complete Solaria, Inc. (0.53%), Sunrise New Energy Co., Ltd. (0.37%), VivoPower International PLC (1.22%), Eco Wave Power Global AB (publ) (0.02%), iSun, Inc. (1.34%), Marine Petroleum Trust (0.06%), Heliogen, Inc. (2.74%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.88 billion), Tesla, Inc. ($4.06 billion), Aon plc ($3.14 billion), The Clorox Company ($2.93 billion), The Charles Schwab Co. ($2.69 billion), Moderna, Inc. ($2.19 billion), The Kroger Co. ($2.09 billion), Simon Property Group, Inc. ($1.87 billion), International Flavors & Fragrances Inc. ($1.71 billion), and Iron Mountain Incorporated ($1.64 billion). View all of the most shorted stocks.

Short selling ZN is an investing strategy that aims to generate trading profit from Zion Oil & Gas as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Zion Oil & Gas occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ZN, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ZN, twice per month. The most recent reporting period available is August, 14 2020.