Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Short Interest Down 12.8% in January

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 208,800 shares, a decline of 12.8% from the December 31st total of 239,500 shares. Based on an average trading volume of 6,455,000 shares, the days-to-cover ratio is presently 0.0 days.

Zion Oil & Gas Trading Up 4.6 %

Shares of ZNOG opened at $0.12 on Friday. The firm’s 50-day simple moving average is $0.11 and its 200 day simple moving average is $0.07. Zion Oil & Gas has a 52 week low of $0.03 and a 52 week 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.