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

American Rebel Holdings, Inc. (NASDAQ:AREB) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 359,466 shares, a decline of 89.0% from the January 29th total of 3,266,557 shares. Currently, 460.9% of the company’s shares are sold short. Based on an average daily trading volume, of 5,575,206 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 5,575,206 shares, the short-interest ratio is currently 0.1 days. Currently, 460.9% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of American Rebel in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

American Rebel Stock Down 6.4%

Shares of AREB stock opened at $0.17 on Friday. The firm has a market cap of $76,824.00, a price-to-earnings ratio of 0.00 and a beta of 1.22. The company’s 50 day moving average is $7.84 and its 200 day moving average is $122.88. American Rebel has a 52-week low of $0.15 and a 52-week high of $8,356.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in American Rebel stock. CWA Asset Management Group LLC acquired a new position in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $95,000. CWA Asset Management Group LLC owned about 17.86% of American Rebel at the end of the most recent reporting 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'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. It also offers accessories, such as back-over and back-under handgun hangers, ballistic shields, safe light kits, mag minders, moisture guards, and rifle rod kits and rods. In addition, the company's personal security and self-defense products include concealed carry backpacks; and concealed carry jackets, vests, and coats, as well as T-shirts for men and women under the American Rebel brand.