Asia Broadband, Inc. (OTCMKTS:AABB) Sees Significant Decrease in Short Interest

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

Asia Broadband Price Performance

OTCMKTS AABB opened at $0.02 on Wednesday. Asia Broadband has a 12-month low of $0.01 and a 12-month high of $0.04. The firm has a 50-day moving average price of $0.02 and a two-hundred day moving average price of $0.02.

About Asia Broadband

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.