Asia Broadband, Inc. (OTCMKTS:AABB) Stock Short Interest Jumps 5,301.8%

Asia Broadband, Inc. (OTCMKTS:AABB – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 137,961 shares, an increase of 5,301.8% from the August 31st total of 2,554 shares. Based on an average daily volume of 13,974,841 shares, the days-to-cover ratio is currently 0.0 days.

Asia Broadband Stock Performance

Shares of AABB stock opened at $0.01 on Friday. Asia Broadband has a one year low of $0.01 and a one year high of $0.04. The company’s fifty day moving average price is $0.01 and its 200-day moving average price is $0.01.

Asia Broadband Company Profile

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Asia Broadband, Inc is a resource company focused primarily on the production, supply and sale of precious metals. The company has concentrated its operations in Mexico, where it has pursued mining and mineral-processing activities involving gold and silver. Its business model is designed to integrate mining, processing and the distribution of precious metals to customers and trading partners.

In addition to its mining activities, Asia Broadband has developed digital-asset initiatives connected to its precious-metals business.

Further Reading

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