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

American Rebel Holdings, Inc. (NASDAQ:AREB) saw a large growth in short interest in 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 company’s stock are sold short. Based on an average trading volume of 736,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Rebel stock. Armistice Capital LLC boosted its holdings in American Rebel Holdings, Inc. (NASDAQ:AREB) by 144.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 436,000 shares of the company’s stock after purchasing an additional 258,000 shares during the quarter. Armistice Capital LLC owned about 8.69% of American Rebel worth $135,000 as of its most recent SEC filing. 13.60% of the stock is currently owned by institutional investors and hedge funds.

American Rebel Trading Up 2.6 %

Shares of AREB stock opened at $0.36 on Friday. American Rebel has a 12 month low of $0.21 and a 12 month high of $6.49. The firm has a fifty day moving average price of $0.31 and a 200 day moving average price 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.