American Rebel (NASDAQ:AREB) Stock Price Down 2.4%

American Rebel Holdings, Inc. (NASDAQ:AREB) shares traded down 2.4% during mid-day trading on Wednesday . The stock traded as low as $0.29 and last traded at $0.30. 73,017 shares traded hands during trading, a decline of 89% from the average session volume of 659,366 shares. The stock had previously closed at $0.31.

American Rebel Stock Performance

The firm’s 50 day simple moving average is $0.30 and its 200-day simple moving average is $0.33.

Institutional Investors Weigh In On American Rebel

Several institutional investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in American Rebel during the first quarter worth approximately $31,000. Verition Fund Management LLC purchased a new stake in American Rebel during the first quarter worth approximately $36,000. Raymond James & Associates purchased a new stake in American Rebel during the first quarter worth approximately $96,000. Armistice Capital LLC grew its stake in American Rebel by 149.0% during the third quarter. Armistice Capital LLC now owns 178,000 shares of the company’s stock worth $124,000 after buying an additional 106,501 shares during the period. Finally, Virtu Financial LLC purchased a new position in shares of American Rebel in the fourth quarter valued at $26,000. 13.60% of the stock is currently owned by hedge funds and other institutional investors.

About American Rebel

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.