Short Interest in Asia Broadband, Inc. (OTCMKTS:AABB) Drops By 93.5%

Asia Broadband, Inc. (OTCMKTS:AABBGet Free Report) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 532 shares, a decline of 93.5% from the December 15th total of 8,233 shares. Based on an average daily volume of 29,529,617 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 29,529,617 shares, the days-to-cover ratio is currently 0.0 days.

Asia Broadband Trading Down 1.2%

AABB traded down $0.00 during trading hours on Monday, hitting $0.02. The stock had a trading volume of 9,669,600 shares, compared to its average volume of 6,787,518. The company’s fifty day simple moving average is $0.02 and its 200 day simple moving average is $0.02. Asia Broadband has a 1 year low of $0.01 and a 1 year high of $0.04.

Asia Broadband Company Profile

(Get Free Report)

Asia Broadband International, Inc is a U.S.-based company engaged in the integrated production and sale of base and precious metals. Headquartered in Las Vegas, Nevada, the company focuses on the procurement, processing and distribution of copper, gold and silver. Asia Broadband’s business model centers on acquiring copper concentrate from third-party miners and extracting precious metals through its network of processing facilities.

The company operates three wholly owned processing plants in Mexico, where it refines copper concentrate and recovers gold and silver byproducts.

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