Short Interest in Asia Broadband, Inc. (OTCMKTS:AABB) Drops By 6.1%

Asia Broadband, Inc. (OTCMKTS:AABB – Get Rating) was the target of a large drop in short interest in the month of December. As of December 30th, there was short interest totalling 3,754,700 shares, a drop of 6.1% from the December 15th total of 3,997,300 shares. Based on an average daily trading volume, of 15,555,600 shares, the days-to-cover ratio is currently 0.2 days.

Asia Broadband Stock Performance

Shares of OTCMKTS AABB opened at $0.03 on Monday. Asia Broadband has a fifty-two week low of $0.03 and a fifty-two week high of $0.17. The business has a 50 day moving average price of $0.04 and a two-hundred day moving average price of $0.05.

Asia Broadband Company Profile

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Asia Broadband, Inc engages in the production, supply and sale of precious and base metals primarily to Asian markets. Its mining projects include Los Reyes, Bonanza, San Palmar, and La Guadalupe. The company was founded on January 24, 1996 and is headquartered in Las Vegas, NV.