Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Short Interest Down 30.7% in December

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

Zion Oil & Gas Trading Down 6.6 %

Zion Oil & Gas stock opened at $0.11 on Friday. The business’s 50 day simple moving average is $0.10 and its 200 day simple 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.