Short Interest in Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Declines By 16.2%

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 206,200 shares, a decrease of 16.2% from the January 31st total of 246,100 shares. Based on an average daily volume of 10,264,600 shares, the days-to-cover ratio is presently 0.0 days.

Zion Oil & Gas Stock Down 4.7 %

Shares of ZNOG stock opened at $0.22 on Thursday. The stock’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.09. Zion Oil & Gas has a fifty-two week low of $0.03 and a fifty-two week high of $0.27.

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.