Asia Broadband, Inc. (OTCMKTS:AABB) Short Interest Up 870.2% in August

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

Asia Broadband Stock Performance

Shares of Asia Broadband stock opened at $0.05 on Friday. Asia Broadband has a 1 year low of $0.01 and a 1 year high of $0.07. The company has a 50 day simple moving average of $0.04 and a two-hundred 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.