Asia Broadband, Inc. (OTCMKTS:AABB – Get Free Report) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 7,945 shares, an increase of 56,650.0% from the July 30th total of 14 shares. Based on an average daily trading volume, of 14,577,438 shares, the short-interest ratio is currently 0.0 days.
Asia Broadband Trading Up 1.7%
OTCMKTS AABB traded up $0.00 during trading hours on Tuesday, reaching $0.01. 8,321,501 shares of the company’s stock traded hands, compared to its average volume of 9,498,866. Asia Broadband has a 52-week low of $0.01 and a 52-week high of $0.04. The firm has a 50-day simple moving average of $0.01 and a 200 day simple moving average of $0.01.
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.
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