Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Sees Significant Growth in Short Interest

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 968,900 shares, a growth of 46.0% from the October 15th total of 663,600 shares. Based on an average daily volume of 6,807,900 shares, the short-interest ratio is presently 0.1 days.

Zion Oil & Gas Stock Up 24.3 %

ZNOG stock opened at $0.09 on Friday. Zion Oil & Gas has a twelve month low of $0.03 and a twelve month high of $0.10. The stock has a 50-day simple moving average of $0.04 and a two-hundred day simple moving average of $0.05.

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.