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

American Rebel Holdings, Inc. (NASDAQ:AREBGet Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 47,400 shares, a growth of 10.0% from the May 15th total of 43,100 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 271,500 shares, the short-interest ratio is presently 0.2 days.

American Rebel Price Performance

AREB traded up $0.01 during trading on Monday, reaching $0.32. 169,445 shares of the company’s stock were exchanged, compared to its average volume of 520,560. The company’s fifty day moving average price is $0.35 and its 200-day moving average price is $0.31. American Rebel has a fifty-two week low of $0.21 and a fifty-two week high of $6.49.

Institutional Trading of American Rebel

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

About American Rebel

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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.

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