American Rebel Holdings, Inc. (NASDAQ:AREB) Short Interest Update

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. Approximately 5.1% of the shares of the company are short sold. Based on an average daily volume of 379,200 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds 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 American Rebel Holdings, Inc. (NASDAQ:AREB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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 reporting period. Institutional investors and hedge funds own 13.60% of the company’s stock.

American Rebel Trading Down 1.6 %

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

American Rebel (NASDAQ:AREB) last posted its quarterly earnings results on Friday, February 7th. The company reported ($0.67) earnings per share 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.