Asia Broadband, Inc. (OTCMKTS:AABB – Get Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 14 shares, a drop of 100.0% from the July 15th total of 510,423 shares. Based on an average daily volume of 11,513,719 shares, the days-to-cover ratio is presently 0.0 days.
Asia Broadband Price Performance
AABB remained flat at $0.01 during trading on Tuesday. 8,293,264 shares of the company traded hands, compared to its average volume of 9,558,620. Asia Broadband has a 12-month low of $0.01 and a 12-month high of $0.04. The company has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.02.
About Asia Broadband
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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