Short Interest in Asia Broadband, Inc. (OTCMKTS:AABB) Rises By 56,650.0%

Asia Broadband, Inc. (OTCMKTS:AABBGet Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 7,945 shares, a growth of 56,650.0% from the July 30th total of 14 shares. Based on an average daily volume of 14,577,438 shares, the short-interest ratio is currently 0.0 days.

Asia Broadband Price Performance

Asia Broadband stock traded up $0.00 during trading hours on Tuesday, reaching $0.01. The stock had a trading volume of 8,321,501 shares, compared to its average volume of 9,498,866. Asia Broadband has a 52 week low of $0.01 and a 52 week high of $0.04. The company has a fifty day simple moving average of $0.01 and a 200-day simple moving average of $0.01.

About Asia Broadband

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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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