Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) Short Interest Up 89.5% in February

Zion Oil & Gas, Inc. (OTCMKTS:ZNOG) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 390,800 shares, a growth of 89.5% from the February 13th total of 206,200 shares. Based on an average trading volume of 14,043,800 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Zion Oil & Gas Stock Down 5.2 %

Shares of OTCMKTS ZNOG opened at $0.21 on Friday. The stock has a fifty day moving average price of $0.15 and a 200 day moving average price of $0.10. Zion Oil & Gas has a 1-year low of $0.03 and a 1-year high of $0.27.

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.