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

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 80,200 shares, a growth of 84.8% from the January 31st total of 43,400 shares. Based on an average daily volume of 292,900 shares, the short-interest ratio is presently 0.3 days. Currently, 3.2% of the company’s stock are sold short.

Hedge Funds Weigh In On American Rebel

An institutional investor recently bought a new position in American Rebel stock. Signature Estate & Investment Advisors LLC acquired a new position in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 218,340 shares of the company’s stock, valued at approximately $175,000. Signature Estate & Investment Advisors LLC owned 23.48% of American Rebel 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

AREB stock opened at $0.69 on Friday. The business has a 50 day moving average price of $1.52 and a two-hundred day moving average price of $1.62. American Rebel has a twelve month low of $0.57 and a twelve month high of $9.27.

American Rebel (NASDAQ:AREB) last issued its quarterly earnings data on Friday, February 7th. The company reported ($0.67) earnings per share (EPS) for the quarter. American Rebel had a negative net margin of 111.30% and a negative return on equity of 772.51%.

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.