Short Interest in American Rebel Holdings, Inc. (NASDAQ:AREB) Decreases By 83.4%

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 18,500 shares, a drop of 83.4% from the February 29th total of 111,400 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 751,200 shares, the days-to-cover ratio is presently 0.0 days.

American Rebel Stock Performance

American Rebel stock opened at $0.29 on Thursday. The stock has a 50-day moving average price of $0.28 and a 200 day moving average price of $0.38. American Rebel has a 52 week low of $0.21 and a 52 week high of $6.49.

Institutional Trading of American Rebel

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in American Rebel during the 1st quarter worth about $31,000. Verition Fund Management LLC purchased a new stake in American Rebel during the 1st quarter worth about $36,000. Raymond James & Associates purchased a new stake in American Rebel during the 1st quarter worth about $96,000. Virtu Financial LLC purchased a new stake in American Rebel in the 4th quarter valued at about $26,000. Finally, Armistice Capital LLC grew its holdings in American Rebel by 149.0% in the 3rd quarter. Armistice Capital LLC now owns 178,000 shares of the company’s stock valued at $124,000 after buying an additional 106,501 shares during the period. Hedge funds and other 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.