Asia Broadband, Inc. (OTCMKTS:AABB) Short Interest Update

Asia Broadband, Inc. (OTCMKTS:AABB) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 14 shares, a decrease of 100.0% from the July 15th total of 510,423 shares. Based on an average daily trading volume, of 11,513,719 shares, the days-to-cover ratio is currently 0.0 days.

Asia Broadband Price Performance

Shares of OTCMKTS AABB remained flat at $0.01 during midday trading on Tuesday. 8,293,264 shares of the stock were exchanged, compared to its average volume of 9,558,620. Asia Broadband has a 52 week low of $0.01 and a 52 week high of $0.04. The business’s 50 day moving average is $0.01 and its 200-day moving average is $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.