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

American Rebel Holdings, Inc. (NASDAQ:AREB) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 249,087 shares, a growth of 28.7% from the December 15th total of 193,593 shares. Based on an average daily volume of 306,920 shares, the short-interest ratio is presently 0.8 days. Approximately 22.4% of the company’s stock are short sold. Approximately 22.4% of the company’s stock are short sold. Based on an average daily volume of 306,920 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On American Rebel

An institutional investor recently bought a new position in American Rebel stock. CWA Asset Management Group LLC purchased a new position in American Rebel Holdings, Inc. (NASDAQ:AREB) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 100,000 shares of the company’s stock, valued at approximately $95,000. CWA Asset Management Group LLC owned 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.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of American Rebel in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

American Rebel Trading Down 1.3%

American Rebel stock opened at $0.50 on Tuesday. The business’s 50 day simple moving average is $0.92 and its 200 day simple moving average is $11.09. American Rebel has a 12 month low of $0.44 and a 12 month high of $970.00. The company has a market cap of $3.10 million, a price-to-earnings ratio of 0.00 and a beta of 1.24.

American Rebel (NASDAQ:AREB) last issued its earnings results on Monday, November 10th. The company reported ($32.44) earnings per share (EPS) for the quarter. The business had revenue of $1.88 million during the quarter.

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.