Short Interest in Asia Broadband, Inc. (OTCMKTS:AABB) Expands By 322.0%

Asia Broadband, Inc. (OTCMKTS:AABB) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 441,257 shares, a growth of 322.0% from the February 12th total of 104,566 shares. Based on an average daily trading volume, of 16,567,660 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 16,567,660 shares, the short-interest ratio is currently 0.0 days.

Asia Broadband Price Performance

AABB stock opened at $0.02 on Thursday. The firm has a fifty day moving average price of $0.02 and a 200 day moving average price of $0.02. Asia Broadband has a fifty-two week low of $0.01 and a fifty-two week 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.