Asia Broadband, Inc. (OTCMKTS:AABB) Sees Large Growth in Short Interest

Asia Broadband, Inc. (OTCMKTS:AABB) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 58,621 shares, an increase of 9,401.0% from the March 31st total of 617 shares. Based on an average daily volume of 10,919,115 shares, the short-interest ratio is presently 0.0 days.

Asia Broadband Stock Performance

Shares of Asia Broadband stock opened at $0.01 on Friday. Asia Broadband has a twelve month low of $0.01 and a twelve month high of $0.04. The business has a 50-day moving average price of $0.02 and a 200 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.