Aberdeen International Inc. (OTCMKTS:AABVF) Sees Large Increase in Short Interest

Aberdeen International Inc. (OTCMKTS:AABVF) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 29,500 shares, an increase of 637.5% from the March 31st total of 4,000 shares. Based on an average daily volume of 12,000 shares, the days-to-cover ratio is currently 2.5 days.

Aberdeen International Stock Performance

Shares of OTCMKTS:AABVF remained flat at $0.02 during trading on Thursday. Aberdeen International has a 12 month low of $0.01 and a 12 month high of $0.04. The stock has a 50-day simple moving average of $0.01 and a 200 day simple moving average of $0.02.

Aberdeen International Company Profile

Aberdeen International Inc, a resource investment and merchant banking company, focuses on small capitalization companies in the rare metals and renewal energy sectors. The company intends to acquire equity participation in pre-IPO and early-stage public resource companies with undeveloped or undervalued resources and assets; companies in need of managerial, technical, and financial resources; companies undervalued in foreign capital markets; and companies operating in jurisdictions with low to moderate local political risk.