Asia Broadband, Inc. (OTCMKTS:AABB) Short Interest Update

Asia Broadband, Inc. (OTCMKTS:AABB) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 8,233 shares, a decline of 97.5% from the November 30th total of 329,250 shares. Based on an average daily trading volume, of 15,174,862 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 15,174,862 shares, the days-to-cover ratio is currently 0.0 days.

Asia Broadband Price Performance

Shares of AABB stock traded up $0.00 on Wednesday, hitting $0.02. The stock had a trading volume of 13,208,306 shares, compared to its average volume of 8,427,531. The company’s 50 day moving average price is $0.02 and its 200-day moving average price 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

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.