Asia Broadband, Inc. (OTCMKTS:AABB – Get Free Report) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 531 shares, a decrease of 99.1% from the May 31st total of 58,815 shares. Based on an average daily trading volume, of 14,681,598 shares, the days-to-cover ratio is presently 0.0 days.
Asia Broadband Trading Down 2.3%
Shares of Asia Broadband stock opened at $0.01 on Friday. The stock has a 50 day moving average price of $0.01 and a 200-day moving average price of $0.02. Asia Broadband has a one year low of $0.01 and a one 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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