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

Asia Broadband, Inc. (OTCMKTS:AABB) was the recipient of a large increase in short interest in 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 daily trading volume, of 26,764,000 shares, the days-to-cover ratio is presently 0.0 days.

Asia Broadband Price Performance

Shares of OTCMKTS AABB opened at $0.03 on Tuesday. Asia Broadband has a 52-week low of $0.01 and a 52-week high of $0.07. The business’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.03.

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.