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

American Rebel Holdings, Inc. (NASDAQ:AREB) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 34,400 shares, a growth of 88.0% from the March 31st total of 18,300 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 736,700 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of American Rebel

An institutional investor recently raised its position in American Rebel stock. Armistice Capital LLC raised its holdings in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) by 144.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 436,000 shares of the company’s stock after acquiring an additional 258,000 shares during the quarter. Armistice Capital LLC owned approximately 8.69% of American Rebel worth $135,000 at the end of the most recent quarter. 13.60% of the stock is owned by institutional investors.

American Rebel Trading Down 5.4 %

Shares of NASDAQ AREB traded down $0.02 during mid-day trading on Friday, hitting $0.34. 418,214 shares of the company traded hands, compared to its average volume of 358,511. American Rebel has a 1 year low of $0.21 and a 1 year high of $6.49. The business has a 50 day moving average of $0.31 and a two-hundred day moving average of $0.32.

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.