Asia Broadband, Inc. (OTCMKTS:AABB) Short Interest Up 9,401.0% in April

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 days-to-cover ratio is currently 0.0 days.

Asia Broadband Stock Down 0.7%

AABB traded down $0.00 on Friday, reaching $0.01. 6,104,989 shares of the company’s stock were exchanged, compared to its average volume of 11,814,024. The company’s 50 day moving average is $0.02 and its 200-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.