What’s in Zion Oil & Gas Inc (NASDAQ:ZN) After Rise in Shorted Shares?

Zion Oil & Gas, Inc. (NASDAQ:ZN) Logo

Investors sentiment decreased to 0.48 in Q1 2019. Its down 0.29, from 0.77 in 2018Q4. It worsened, as 4 investors sold Zion Oil & Gas, Inc. shares while 19 reduced holdings. 5 funds opened positions while 6 raised stakes. 7.74 million shares or 4.95% less from 8.14 million shares in 2018Q4 were reported.
State Common Retirement Fund holds 0% or 33,800 shares in its portfolio. 52,604 are held by Tiaa Cref Inv Mngmt Limited Company. Legal General Grp Inc Public Ltd Company reported 7,958 shares. Barclays Plc stated it has 0% of its portfolio in Zion Oil & Gas, Inc. (NASDAQ:ZN). Benjamin F Edwards And accumulated 1,400 shares or 0% of the stock. Royal National Bank & Trust Of Canada reported 1,500 shares. 102,500 are owned by National Asset Mgmt Inc. Northern Tru Corporation accumulated 0% or 604,819 shares. California Public Employees Retirement Sys stated it has 0% in Zion Oil & Gas, Inc. (NASDAQ:ZN). Geode Cap Mngmt holds 0% of its portfolio in Zion Oil & Gas, Inc. (NASDAQ:ZN) for 676,667 shares. Two Sigma Securities Ltd Liability Com holds 0% or 11,236 shares in its portfolio. Citigroup Inc owns 15,028 shares. Citadel Advsrs Ltd Com accumulated 0% or 12,458 shares. 20,229 are held by Art Advsrs Limited Liability Corp. Colonial Advsrs reported 10,000 shares.

The stock of Zion Oil & Gas Inc (NASDAQ:ZN) registered an increase of 2.25% in short interest. ZN’s total short interest was 3.71 million shares in September as published by FINRA. Its up 2.25% from 3.62M shares, reported previously. With 559,700 shares average volume, it will take short sellers 7 days to cover their ZN’s short positions. The short interest to Zion Oil & Gas Inc’s float is 5.89%.

The stock decreased 2.64% or $0.0084 during the last trading session, reaching $0.3098. About 1.07M shares traded or 33.74% up from the average. Zion Oil & Gas, Inc. (NASDAQ:ZN) has declined 89.39% since September 11, 2018 and is downtrending. It has underperformed by 89.39% the S&P500.

Zion Oil & Gas, Inc. engages in the exploration of gas and oil properties in Israel. The company has market cap of $23.05 million. It primarily holds a petroleum exploration license onshore Israel, the Megiddo-Jezreel License that covers an area of approximately 99,000 acres. It currently has negative earnings.

More notable recent Zion Oil & Gas, Inc. (NASDAQ:ZN) news were published by: Seekingalpha.com which released: “Zion Oil -58% after latest well comes up dry – Seeking Alpha” on November 21, 2018, also Seekingalpha.com with their article: “Zion Oil & Gas – Drilling Dry Holes Til $0; Will Bankruptcy Court Or Extreme Dilution Get Them There First? – Seeking Alpha” published on July 26, 2017, Nasdaq.com published: “Goliath Completes Three Holes Totaling 1741 Metres Containing Widespread Sulphides; This Newly Discovered Au-Cu-Mo Monzonite Porphyry System Remains Open – Nasdaq” on August 26, 2019. More interesting news about Zion Oil & Gas, Inc. (NASDAQ:ZN) were released by: Nasdaq.com and their article: “Pistol Bay Options Out Fredart-Gerry Lake Properties, Red Lake, Ontario – Nasdaq” published on September 04, 2019 as well as Nasdaq.com‘s news article titled: “Mid-Day Market Update: Crude Oil Down Over 3%; Digital Ally Shares Spike Higher – Nasdaq” with publication date: July 07, 2017.

Zion Oil & Gas, Inc. (NASDAQ:ZN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.