Short Interest in Asia Broadband, Inc. (OTCMKTS:AABB) Expands By 870.2%

Asia Broadband, Inc. (OTCMKTS:AABB) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,315,600 shares, a growth of 870.2% from the August 15th total of 135,600 shares. Based on an average daily trading volume, of 85,448,800 shares, the short-interest ratio is presently 0.0 days.

Asia Broadband Stock Performance

Shares of OTCMKTS AABB traded down $0.01 during trading on Thursday, reaching $0.04. 21,144,898 shares of the company traded hands, compared to its average volume of 11,016,733. The firm has a 50 day simple moving average of $0.03 and a 200-day simple moving average of $0.02. Asia Broadband has a 52-week low of $0.01 and a 52-week high of $0.07.

About Asia Broadband

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.