Short Interest in Asia Broadband, Inc. (OTCMKTS:AABB) Drops By 19.0%

Asia Broadband, Inc. (OTCMKTS:AABB) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 299,700 shares, a drop of 19.0% from the September 30th total of 370,000 shares. Based on an average trading volume of 12,040,900 shares, the short-interest ratio is presently 0.0 days.

Asia Broadband Price Performance

Shares of OTCMKTS:AABB opened at $0.03 on Tuesday. The stock’s 50-day moving average price is $0.04 and its two-hundred day moving average price is $0.03. Asia Broadband has a 12-month low of $0.01 and a 12-month high of $0.07.

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.