Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Short Interest Update

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 239,500 shares, a decline of 30.7% from the November 30th total of 345,600 shares. Based on an average trading volume of 6,390,600 shares, the days-to-cover ratio is presently 0.0 days.

Zion Oil & Gas Price Performance

Shares of OTCMKTS:ZNOG opened at $0.11 on Monday. The company’s fifty day moving average is $0.10 and its two-hundred day moving average is $0.07. Zion Oil & Gas has a 12-month low of $0.03 and a 12-month high of $0.18.

Zion Oil & Gas Company Profile

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.