Zion Oil & Gas, Inc. (OTCMKTS:ZNOG – Get Rating) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 298,700 shares, a growth of 74.3% from the August 15th total of 171,400 shares. Based on an average daily volume of 5,377,700 shares, the days-to-cover ratio is presently 0.1 days.
Zion Oil & Gas Trading Up 2.8 %
OTCMKTS:ZNOG opened at $0.19 on Wednesday. The firm has a market capitalization of $95.23 million, a PE ratio of -3.86 and a beta of 0.84. The stock has a 50 day moving average of $0.22 and a 200-day moving average of $0.20. Zion Oil & Gas has a 52 week low of $0.10 and a 52 week high of $0.42.
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Zion Oil & Gas, Inc, together with its subsidiaries, operates as an oil and gas exploration company in Israel. The company holds a petroleum exploration license onshore Israel, the New Megiddo License 428 comprising an area of approximately 99,000 acres. Zion Oil & Gas, Inc was incorporated in 2000 and is headquartered in Dallas, Texas.Read More
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