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

Asia Broadband, Inc. (OTCMKTS:AABB) was the target of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 400 shares, a drop of 99.8% from the May 15th total of 211,200 shares. Based on an average daily trading volume, of 13,524,500 shares, the days-to-cover ratio is currently 0.0 days.

Asia Broadband Trading Down 16.2%

Shares of Asia Broadband stock opened at $0.04 on Thursday. Asia Broadband has a 12-month low of $0.01 and a 12-month high of $0.07. The company has a 50-day simple moving average of $0.03 and a 200 day simple moving average of $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.