Asia Broadband, Inc. (OTCMKTS:AABB) Sees Significant Drop in Short Interest

Asia Broadband, Inc. (OTCMKTS:AABB) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 248,800 shares, a decline of 17.0% from the October 15th total of 299,700 shares. Based on an average daily volume of 12,247,900 shares, the short-interest ratio is currently 0.0 days.

Asia Broadband Stock Performance

Shares of AABB opened at $0.02 on Friday. Asia Broadband has a 1 year low of $0.01 and a 1 year high of $0.07. The stock’s fifty day moving average price is $0.03 and its two-hundred day moving average price is $0.03.

Asia Broadband Company Profile

Asia Broadband, Inc, through its subsidiary, Asia Metals Inc, focuses on the production, supply, and sale of precious and base metals primarily in Asian markets. It also operates AABB Gold token, a minted mine-to-token gold-backed cryptocurrency; and AABB Wallet. The company was incorporated in 1996 and is based in Las Vegas, Nevada.