American Rebel Holdings, Inc. (NASDAQ:AREB) Short Interest Up 10.0% in May

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

Institutional Investors Weigh In On American Rebel

A hedge fund recently raised its stake in American Rebel stock. Armistice Capital LLC raised its holdings in American Rebel Holdings, Inc. (NASDAQ:AREB) by 149.0% during the third quarter, according to the company in its most recent 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 quarter. Armistice Capital LLC owned 6.27% of American Rebel worth $124,000 as of its most recent SEC filing. 13.60% of the stock is currently owned by institutional investors and hedge funds.

American Rebel Stock Performance

American Rebel stock opened at $0.31 on Wednesday. The stock’s fifty day moving average price is $0.35 and its two-hundred day moving average price is $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.