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

Asia Broadband, Inc. (OTCMKTS:AABB) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totalling 299,700 shares, a decrease of 19.0% from the September 30th total of 370,000 shares. Based on an average daily trading volume, of 12,040,900 shares, the days-to-cover ratio is presently 0.0 days.

Asia Broadband Stock Up 1.1 %

Shares of AABB opened at $0.03 on Monday. The stock’s fifty day simple moving average is $0.04 and its 200-day simple moving average is $0.03. Asia Broadband has a 12-month low of $0.01 and a 12-month 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.