North Atlantic Drilling Ltd. (NADL) Reaches $2.27 After 9.00% Down Move, Zion Oil & Gas (ZN) Shorts Increased By 77.74%

June 14, 2017 - By Migdalia James

Zion Oil & Gas Incorporated (NASDAQ:ZN) had an increase of 77.74% in short interest. ZN’s SI was 491,800 shares in June as released by FINRA. Its up 77.74% from 276,700 shares previously. With 366,700 avg volume, 1 days are for Zion Oil & Gas Incorporated (NASDAQ:ZN)’s short sellers to cover ZN’s short positions. The SI to Zion Oil & Gas Incorporated’s float is 1.15%. About 188,276 shares traded. Zion Oil & Gas, Inc. (NASDAQ:ZN) has risen 12.24% since June 14, 2016 and is uptrending. It has underperformed by 4.46% the S&P500.

The stock of North Atlantic Drilling Ltd. (NYSE:NADL) is a huge mover today! About 96,024 shares traded. North Atlantic Drilling Ltd. (NYSE:NADL) has declined 18.04% since June 14, 2016 and is downtrending. It has underperformed by 34.74% the S&P500.The move comes after 5 months negative chart setup for the $56.91 million company. It was reported on Jun, 14 by Barchart.com. We have $2.07 PT which if reached, will make NYSE:NADL worth $5.12M less.

Investors sentiment increased to 2 in Q4 2016. Its up 1.56, from 0.44 in 2016Q3. It improved, as 4 investors sold Zion Oil & Gas, Inc. shares while 2 reduced holdings. 3 funds opened positions while 9 raised stakes. 2.16 million shares or 0.99% less from 2.18 million shares in 2016Q3 were reported. Guggenheim Lc holds 0% of its portfolio in Zion Oil & Gas, Inc. (NASDAQ:ZN) for 15,071 shares. Blackrock Fund Advisors holds 0% or 172,945 shares in its portfolio. Raymond James And Associate owns 0% invested in Zion Oil & Gas, Inc. (NASDAQ:ZN) for 12,189 shares. Savings Bank Of Montreal Can invested in 1,000 shares. California Employees Retirement stated it has 115,780 shares. Us National Bank & Trust De accumulated 0% or 167 shares. Geode Cap Management Llc reported 143,483 shares. Northern holds 0% or 51,098 shares in its portfolio. Bridgeway Cap Mngmt reported 0% stake. Goldman Sachs Grp accumulated 12,679 shares. Northwestern Mutual Wealth holds 1,230 shares. Css Ltd Liability Company Il reported 29,760 shares. State Street owns 15,290 shares. National Bank Of America De holds 0% or 2,070 shares. Cambridge Invest Research Advsrs reported 0% stake.

Zion Oil & Gas, Inc. is an oil and gas exploration company. The company has market cap of $93.35 million. The Firm holds a petroleum exploration license onshore Israel, the Megiddo-Jezreel License , comprising approximately 99,000 acres. It currently has negative earnings. The MJL is onshore, south and west of the Sea of Galilee.

Since December 16, 2016, it had 0 insider buys, and 5 sales for $312,664 activity. The insider Carrillo Victor G sold $20,250. $219,964 worth of Zion Oil & Gas, Inc. (NASDAQ:ZN) was sold by Sheena Ilan N. Van Brauman Martin also sold $20,680 worth of Zion Oil & Gas, Inc. (NASDAQ:ZN) on Friday, December 16. Russell Lee R sold $48,495 worth of stock. $10,965 worth of Zion Oil & Gas, Inc. (NASDAQ:ZN) was sold by Croswell Michael B. Jr.. The insider Perry Glen sold $12,990.