Asia Broadband, Inc. (OTCMKTS:AABB) Sees Large Increase in Short Interest

Asia Broadband, Inc. (OTCMKTS:AABB) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 31,500 shares, an increase of 687.5% from the January 15th total of 4,000 shares. Based on an average trading volume of 26,764,000 shares, the days-to-cover ratio is presently 0.0 days.

Asia Broadband Stock Performance

OTCMKTS:AABB opened at $0.03 on Tuesday. The firm’s fifty day simple moving average is $0.02 and its 200 day simple moving average is $0.03. Asia Broadband has a twelve month low of $0.01 and a twelve month high of $0.07.

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.