Asia Broadband, Inc. (OTCMKTS:AABB – Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 273,303 shares, an increase of 366.2% from the April 15th total of 58,621 shares. Based on an average daily trading volume, of 12,081,157 shares, the short-interest ratio is currently 0.0 days.
Asia Broadband Price Performance
Shares of OTCMKTS AABB opened at $0.01 on Friday. The firm has a fifty day moving average price of $0.01 and a 200-day moving average price of $0.02. Asia Broadband has a 1 year low of $0.01 and a 1 year 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.
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