Asia Broadband, Inc. (OTCMKTS:AABB – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 58,815 shares, a growth 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 days-to-cover ratio is presently 0.0 days.
Asia Broadband Stock Down 0.7%
OTCMKTS:AABB opened at $0.01 on Thursday. The stock has a 50 day moving average of $0.01 and a 200-day moving average of $0.02. Asia Broadband has a 52 week low of $0.01 and a 52 week high of $0.04.
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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