Zion Oil & Gas Inc (ZNOG)

[Moses1492]

Re: Short Interest

Thanks Tisdal for the short interest update re-posted below. Are these numbers inferring that based upon the longer days to cover that there are fewer shares available for short sellers to purchase? Yet the kicker is that we all know the avg daily share volume is machine generated and not real to give the illusion of greater interest or disinterest - I've always assumed to mask the real buys and disposals. Question, would you say this report is neutral, positive or very positive? Thanks in advance




Short Interest Reported

Settlement Date__Short Interest______Avg Daily Share Volume____Days To Cover
8/15/2017________3,565,405________819,116_________________4.352747
7/31/2017________3,604,407________2,043,453_______________1.763881
7/14/2017________3,453,956________3,989,883_______________1.000000

Wow, 4.35 days to cover. I would say they are fighting for their jobs right now. Watch out if IR is able to convince Institutions to go long this stock based on what they have found.