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

Asia Broadband, Inc. (OTCMKTS:AABB) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,001,001 shares, a growth of 188,058.1% from the December 31st total of 532 shares. Based on an average daily volume of 15,253,883 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 15,253,883 shares, the short-interest ratio is presently 0.1 days.

Asia Broadband Stock Performance

Shares of AABB opened at $0.04 on Wednesday. The firm’s 50-day moving average is $0.02 and its two-hundred day moving average is $0.02. Asia Broadband has a twelve month low of $0.01 and a twelve month 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.