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

American Rebel Holdings, Inc. (NASDAQ:AREB) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 137,400 shares, a growth of 71.3% from the February 13th total of 80,200 shares. Based on an average trading volume of 379,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 5.1% of the company’s stock are short sold.

American Rebel Trading Down 1.6 %

Shares of NASDAQ:AREB opened at $0.21 on Monday. American Rebel has a 12-month low of $0.20 and a 12-month high of $9.27. The business’s fifty day simple moving average is $1.23 and its 200-day simple moving average is $1.63.

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

Institutional Investors Weigh In On American Rebel

A hedge fund recently bought a new stake in American Rebel stock. Signature Estate & Investment Advisors LLC acquired a new stake in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 218,340 shares of the company’s stock, valued at approximately $175,000. Signature Estate & Investment Advisors LLC owned about 23.48% of American Rebel at the end of the most recent quarter. 13.60% of the stock is owned by hedge funds and other 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.