Aberdeen International Inc. (OTCMKTS:AABVF) Sees Significant Drop in Short Interest

Aberdeen International Inc. (OTCMKTS:AABVF – Get Rating) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 600 shares, a decline of 94.0% from the March 15th total of 10,000 shares. Based on an average daily volume of 3,700 shares, the short-interest ratio is currently 0.2 days.

Shares of OTCMKTS:AABVF opened at $0.09 on Tuesday. The company’s fifty day moving average price is $0.10 and its 200 day moving average price is $0.11. Aberdeen International has a 12 month low of $0.09 and a 12 month high of $0.24.

About Aberdeen International (Get Rating)

Aberdeen International Inc, together with its subsidiaries, operates as a resource investment company and a merchant bank focusing on small capitalization companies in the metals, mining, and renewal energy sectors. It intends to acquire equity participation in pre-IPO and early stage public resource companies with undeveloped or undervalued resources.

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