Short Interest in Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Drops By 59.9%

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 156,700 shares, a decrease of 59.9% from the February 28th total of 390,800 shares. Based on an average trading volume of 8,908,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Zion Oil & Gas Stock Down 3.4 %

Shares of Zion Oil & Gas stock opened at $0.20 on Friday. Zion Oil & Gas has a 12 month low of $0.03 and a 12 month high of $0.27. The business has a fifty day simple moving average of $0.18 and a 200-day simple moving average of $0.11.

About Zion Oil & Gas

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.