Short Interest in Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Grows By 2,627.0%

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 5,639,500 shares, an increase of 2,627.0% from the June 15th total of 206,800 shares. Based on an average trading volume of 8,932,500 shares, the short-interest ratio is currently 0.6 days.

Zion Oil & Gas Price Performance

Shares of OTCMKTS ZNOG opened at $0.06 on Friday. The firm’s 50-day moving average is $0.06 and its two-hundred day moving average is $0.06. Zion Oil & Gas has a 12-month low of $0.05 and a 12-month high of $0.10.

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.