Aberdeen International Inc. (OTCMKTS:AABVF) Sees Large Increase in Short Interest

Aberdeen International Inc. (OTCMKTS:AABVF) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 35,600 shares, a growth of 21.1% from the May 15th total of 29,400 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is currently 4.0 days.

Aberdeen International Stock Performance

AABVF opened at $0.02 on Monday. The firm’s 50-day moving average price is $0.02 and its 200-day moving average price is $0.02. Aberdeen International has a 52-week low of $0.01 and a 52-week high of $0.03.

About Aberdeen International

Aberdeen International Inc, a resource investment and merchant banking company, focuses on small capitalization companies in the rare metals and renewal energy sectors. The company intends to acquire equity participation in pre-IPO and early-stage public resource companies with undeveloped or undervalued resources and assets; companies in need of managerial, technical, and financial resources; companies undervalued in foreign capital markets; and companies operating in jurisdictions with low to moderate local political risk.