American Rebel Holdings, Inc. (NASDAQ:AREB) Sees Significant Growth in Short Interest

American Rebel Holdings, Inc. (NASDAQ:AREB) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 34,400 shares, an increase of 88.0% from the March 31st total of 18,300 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 736,700 shares, the short-interest ratio is presently 0.0 days.

American Rebel Stock Performance

Shares of American Rebel stock traded down $0.02 on Friday, hitting $0.34. 418,214 shares of the company’s stock traded hands, compared to its average volume of 358,511. The firm’s 50-day moving average price is $0.31 and its two-hundred day moving average price is $0.32. American Rebel has a one year low of $0.21 and a one year high of $6.49.

Institutional Investors Weigh In On American Rebel

An institutional investor recently raised its position in American Rebel stock. Armistice Capital LLC raised its position in American Rebel Holdings, Inc. (NASDAQ:AREB) by 149.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 178,000 shares of the company’s stock after purchasing an additional 106,501 shares during the period. Armistice Capital LLC owned approximately 6.27% of American Rebel worth $124,000 as of its most recent filing with the SEC. 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 offers home, office, and personal safes, as well as vault doors; concealed carry backpacks; and a range of concealed carry jackets, vests, coats, and T-shirts for men and women.