Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Short Interest Up 107.7% in August

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 271,200 shares, an increase of 107.7% from the August 15th total of 130,600 shares. Based on an average daily volume of 3,152,600 shares, the short-interest ratio is presently 0.1 days.

Zion Oil & Gas Stock Performance

OTCMKTS:ZNOG opened at $0.04 on Friday. Zion Oil & Gas has a 12-month low of $0.04 and a 12-month high of $0.10. The stock’s fifty day simple moving average is $0.05 and its 200-day simple moving average is $0.06.

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.