Asia Broadband, Inc. (OTCMKTS:AABB – Get Free Report) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 2,554 shares, a drop of 67.9% from the August 15th total of 7,945 shares. Based on an average trading volume of 13,041,662 shares, the days-to-cover ratio is presently 0.0 days.
Asia Broadband Price Performance
AABB opened at $0.01 on Friday. Asia Broadband has a one year low of $0.01 and a one year high of $0.04. The company’s 50 day simple moving average is $0.01 and its 200-day simple moving average is $0.01.
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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