Zion Oil & Gas Inc (OTCMKTS:ZNOG) Short Interest Update

by · The Markets Daily

Zion Oil & Gas Inc (OTCMKTS:ZNOG – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 15th, there was short interest totaling 206,400 shares, adropof78.3% from the July 31st total of 952,900 shares. Based on an average daily volume of 10,137,400 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 10,137,400 shares, the short-interest ratio is currently 0.0 days.

Zion Oil & Gas Stock Down 1.4%

Zion Oil & Gas stock opened at $0.20 on Friday. The firm has a market cap of $222.90 million, a PE ratio of -0.11 and a beta of 1.70. Zion Oil & Gas has a 52-week low of $0.03 and a 52-week high of $0.28. The company’s 50 day moving average is $0.22 and its two-hundred day moving average is $0.19.

Zion Oil & Gas (OTCMKTS:ZNOG – Get Free Report) last posted its quarterly earnings results on Monday, August 11th. The company reported ($1.77) EPS for the quarter.

Zion Oil & Gas Company Profile

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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.

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