Asia Broadband, Inc. (OTCMKTS:AABB – Get Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 58,815 shares, an increase of 659.0% from the May 14th total of 7,749 shares. Based on an average daily trading volume, of 23,138,923 shares, the short-interest ratio is currently 0.0 days.
Asia Broadband Price Performance
OTCMKTS AABB opened at $0.01 on Friday. The business has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.02. Asia Broadband has a one year low of $0.01 and a one year 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.
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