American Rebel Holdings, Inc. (NASDAQ:AREB – Get Free Report) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 52,000 shares, a decrease of 71.4% from the October 31st total of 182,100 shares. Based on an average daily trading volume, of 715,900 shares, the short-interest ratio is presently 0.1 days. Approximately 4.9% of the company’s shares are short sold.
American Rebel Stock Down 4.6 %
AREB opened at $2.06 on Thursday. The company has a fifty day moving average price of $2.24 and a two-hundred day moving average price of $1.11. American Rebel has a 52 week low of $1.90 and a 52 week high of $9.27.
Institutional Investors Weigh In On American Rebel
An institutional investor recently bought a new position in American Rebel stock. Cross Staff Investments Inc bought a new position in shares of American Rebel Holdings, Inc. (NASDAQ:AREB – Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 556,556 shares of the company’s stock, valued at approximately $445,000. Cross Staff Investments Inc owned 9.36% of American Rebel at the end of the most recent quarter. 13.60% of the stock is currently owned by institutional investors.
American Rebel Company Profile
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.
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