American Rebel Holdings, Inc. (NASDAQ:AREB) Short Interest Update

American Rebel Holdings, Inc. (NASDAQ:AREB) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 43,400 shares, a drop of 57.2% from the January 15th total of 101,400 shares. Based on an average daily trading volume, of 619,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.8% of the company’s stock are short sold.

American Rebel Price Performance

Shares of NASDAQ AREB opened at $1.08 on Friday. American Rebel has a fifty-two week low of $1.02 and a fifty-two week high of $9.27. The stock’s 50-day simple moving average is $1.70 and its 200-day simple moving average is $1.60.

American Rebel (NASDAQ:AREB) last issued its earnings results on Friday, February 7th. The company reported ($0.67) earnings per share for the quarter. American Rebel had a negative return on equity of 260.38% and a negative net margin of 118.01%.

Institutional Investors Weigh In On American Rebel

A hedge fund recently bought a new stake in American Rebel stock. Signature Estate & Investment Advisors LLC bought a new position in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 218,340 shares of the company’s stock, valued at approximately $175,000. Signature Estate & Investment Advisors LLC owned approximately 23.48% of American Rebel as of its most recent filing with the SEC. Hedge funds and other institutional investors own 13.60% of the company’s stock.

About American Rebel

American Rebel Holdings, Inc designs and markets branded safes, and personal security and self-defense products. The company's safes are offered in various sizes and shapes for home, office, and personal use, as well as provides vault doors, handgun vaults, and inventory control safes under the American Rebel brand.