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

Asia Broadband, Inc. (OTCMKTS:AABB) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 87.5% from the March 31st total of 800 shares. Based on an average daily volume of 11,439,200 shares, the days-to-cover ratio is presently 0.0 days.

Asia Broadband Stock Performance

OTCMKTS AABB opened at $0.02 on Friday. The company’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $0.02. Asia Broadband has a 12 month low of $0.01 and a 12 month high of $0.05.

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.