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

Asia Broadband, Inc. (OTCMKTS:AABB) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 617 shares, a drop of 99.3% from the March 15th total of 91,256 shares. Based on an average trading volume of 10,402,684 shares, the short-interest ratio is currently 0.0 days.

Asia Broadband Trading Down 0.7%

Shares of AABB opened at $0.01 on Friday. Asia Broadband has a 1-year low of $0.01 and a 1-year high of $0.04. The firm has a 50-day simple moving average of $0.02 and a two-hundred day simple moving average of $0.02.

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.