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

American Rebel Holdings, Inc. (NASDAQ:AREB) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 47,400 shares, a growth of 10.0% from the May 15th total of 43,100 shares. Based on an average daily volume of 271,500 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.8% of the company’s shares are short sold.

Institutional Trading of American Rebel

A hedge fund recently raised its stake in American Rebel stock. Armistice Capital LLC boosted its stake in American Rebel Holdings, Inc. (NASDAQ:AREB) by 149.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 178,000 shares of the company’s stock after acquiring an additional 106,501 shares during the period. Armistice Capital LLC owned 6.27% of American Rebel worth $124,000 at the end of the most recent quarter. Institutional investors and hedge funds own 13.60% of the company’s stock.

American Rebel Trading Down 3.3 %

AREB stock traded down $0.01 during midday trading on Tuesday, reaching $0.32. 63,118 shares of the company were exchanged, compared to its average volume of 517,942. The business has a 50-day moving average price of $0.35 and a two-hundred day moving average price of $0.31. American Rebel has a one year low of $0.21 and a one year high of $6.49.

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.