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

American Rebel Holdings, Inc. (NASDAQ:AREB) was the target of a large 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. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 736,700 shares, the days-to-cover ratio is presently 0.0 days.

American Rebel Stock Down 5.4 %

American Rebel stock traded down $0.02 during trading hours on Friday, hitting $0.34. 418,214 shares of the stock traded hands, compared to its average volume of 358,511. The firm’s 50 day moving average price is $0.31 and its 200-day moving average price is $0.32. American Rebel has a 1 year low of $0.21 and a 1 year high of $6.49.

Institutional Trading of American Rebel

An institutional investor recently raised its position in American Rebel stock. Armistice Capital LLC lifted its stake in American Rebel Holdings, Inc. (NASDAQ:AREB) by 144.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 436,000 shares of the company’s stock after buying an additional 258,000 shares during the quarter. Armistice Capital LLC owned approximately 8.69% of American Rebel worth $135,000 as of its most recent SEC filing. Institutional investors own 13.60% of the company’s stock.

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.